GBE 7.69% 3.6¢ globe metals & mining limited

strange valuation compared to namibian u comps, page-5

  1. 1,895 Posts.
    Lenni2001, your first post shows a lack of understanding regarding U companies.

    EXT, BMN, ACB, AFR to name just a few have all estmated cash costs under the U spot price, so Im not sure where you got your information from.

    Regarding low U grade deposits they can still be highly econmical. The size, depth and type of mineraliastion are key factors in this, not just the grade.

    Vayama had a valid point - why compare GBE to U companies. U is going to be a by product, just like lead is for many zinc companies.

    GBE has a great future imo, but I think you need to research U companies to have a better understanding.
 
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