The message this sends to me is that management don't think this uranium run has the legs and hence why they are performing the c/r now.
If the company has said cash isn't too much of an issue (which I don't really agree with...there's not that much left) then why do a c/r now.
I expect the c/r will be at 10-10.5c and I personally think the sp will sink to 8-10c as a result over the coming months.
Fireworks to happen, page-96
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Last
$2.76 |
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