What UEQ needs imo is a deposit that is already substantially drilled out.
Whether it is Mulga Rock or the Angela/Pamela deposits it is clear that while UEQ have investment in processing technology covered, as well as a large number of early stage potential discoveries they need something in the middle that they can develop while the other newer discoveries are being drilled out.
I read the Mulga Rock case last night and am not holding my breath on getting a favourable result there; of course it is possible but probably unlikely, well worth a try in any case given the reward if UEQ win.
Apparently the Angela/Pamela tenements will be awarded in early 08. If UEQ were to get these she would turn into a multi-bagger overnight imo.
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it appears we may be onto something, page-3
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Last
29.5¢ |
Change
-0.010(3.28%) |
Mkt cap ! $130.1M |
Open | High | Low | Value | Volume |
30.0¢ | 30.0¢ | 29.5¢ | $68.46K | 230.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 92866 | 29.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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30.0¢ | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 83898 | 0.295 |
4 | 126996 | 0.290 |
3 | 59378 | 0.285 |
6 | 164458 | 0.280 |
6 | 192623 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 2500 | 1 |
0.305 | 4437 | 1 |
0.310 | 127551 | 3 |
0.315 | 101169 | 2 |
0.320 | 41000 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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