As we all know, no uranium company is making money mining Uranium. All uranium investments can be described as an option on future uranium prices.
Now assuming 1.PEN get their final permit being SML 2. Industry/Investors (apart from You30ate) agrees that their low pH (via evidence of white paper + lab tests + field leach trial) is a winner
With the largest reserves of any current producer in the US, why wouldn't another US producer or another listed uranium company make a t/o script offer at these cheap levels?
If I was Energy Fuels, UR Energy, UEC, ASX: BOE, DYL.... etc I would have a serious look.
For M&A the time to pounce is when there is blood on the streets
All thoughts (apart from you30ate) welcome
M&A?
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $489.0K | 4.692M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 111 | 12879379 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2235299 | 23 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |