I hold ERA,but you aren't going to see $20, or even $10 by year end.
The deeps have an estimated 34,000 tonnes of uranium, at $50 a pound, it comes to a total of3.74 billion in sales.
Divide this by the 560 million shares issued, and you end up with $6.67 total sales per share. Profit will be much lower than this.
new uranium mine to boost era , page-2
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Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $797.3M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.8¢ | 3.4¢ | $65.11K | 1.808M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 120766 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 151027 | 1 |
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| Last trade - 15.58pm 21/06/2024 (20 minute delay) ? |
| ERA (ASX) Chart |