speeding ticket issued: ann est 7pm an announcement will be lodged with ASX today by 7 pm EST. This will provide more details on the price movement.
guys - do the logic.
The company has uranium tenements that already have EXISTING exploration data and work completed on them. Some old data with assays up to 0.82% which is MASSIVE in anyone's book.
Also on the table are the 25cent options which will be bought for 1 cent. This will be money for jam.
Ask the question:
Why did Mega and Areva both buy into this company??? They would have had their geologists all over the existing exploration data, and the investment decision would have been made on that.
The probabilty for a big uranium strike in this company is high, and with only 40million shares on issue (20million of which are held by WRL and POL on escrow) and a further 5 million of them held by Areva and Mega - this effectively makes tradeable shares of only 15million open to the market.
This thing is tighter than mother teresa.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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13 | 2071736 | 0.025 |
21 | 3495862 | 0.024 |
13 | 2509431 | 0.023 |
9 | 2084563 | 0.022 |
Price($) | Vol. | No. |
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0.028 | 2154499 | 4 |
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