How hard is this being capped?
These boys are good. Kamikaze suicide bombing the mo.
Ran some simple calculations and on oxides alone at current spot revenue is about A220 million pa. Half for our chinese friends. Revenue from Rum Jungle Uranium at 2mlbs pa is A272 million. Then theres the sulphides, nsw specialty metals and peruvian gold. And now a real uranium spinoff. Should by all accounts close at $10 today but lets see how many the big boys are happy to sacrifice. 60% of this gem in top 20 hands so bugger all genuine free float.
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