On Banmerman comp...Our Uranium deposit is worth an additional 24c share right now NOT accounted for in the SP and that's at US$22pd Uranium price.
Yes that's right. We should be trading at 30c a share. BEFORE Zola drilled....and before U price returns to $40pd. That's real upside.
Wow. Someone want to disagree. Please disagree.
Not ramping. This is market fact. We have an Uranium asset very similar and also open along strike and BMN have $54m in market cap now and we have zero from Uranium.
Agreed our 100% owned Fitton South Austalia uranium was worthless 2 months ago. And So was PDN and ERA and BMN basically. Not now since Uzbek worked out the U price was on them.
They have done CXO a huge favour. Makes our asset liquid for starters, very valuable for seconds and we know Zola is a potential $700m Lithium deposit.
IMHO the market has completely missed this.(I did)..and massively undervalued CXO.
Big catch up moves expected.
If you don't believe me do your own math.
DYOR. GLTAH.
GG
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