I don't think the market fully understands what is happening otherwise the share price would be a lot closer and maybe beyond $1.00. The most obvious point is GLE can now produce 5.2 m pounds of marketable uranium, the future contract price will be north of $50-60/lb. That equates to a turnover of $250-300 million per annum, not counting all the other potential income streams.
Ann: GLE and US DOE sign amendment to Sales Agreement, page-31
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$4.72 |
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Mkt cap ! $1.118B | |||
| Open | High | Low | Value | Volume |
| $4.90 | $4.90 | $4.70 | $2.180M | 457.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 5484 | $4.70 |
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| Price($) | Vol. | No. |
|---|---|---|
| $4.72 | 4224 | 2 |
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