Cannot believe the short term thinking.
News out is that the shortfall will be taken up and we now have the $$$ to get JORC at Ross/Barber, which should act as the catalyst not only for an equity injection by an offtake partner but provide funding to leverage off the historical drilling (replacement cost of $60 million plus) to prove up the next best prospects at Lance in good old u friendly, infrastructure rich Wyoming. Which of course is located in uranium deficient USA, the largest operator of N plants in the world. And luckily for us they are largely dependent on imported u and will be for the forseeable future, albeit at a diminishing rate.
And its the in situ method which is far quicker to get off the ground and take advantage of the reported looming window of opportunity.
What do people expect from a 2.7/2.8 cent share. Production tomorrow???? A share that has an infinite never dipping upward projectory??? That is immune from wider falls in the market?????
Be thankful you got in early and objectively evaluate comments on this board.
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Mkt cap ! $235.8M |
Open | High | Low | Value | Volume |
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13 | 750653 | 0.072 |
14 | 1317970 | 0.071 |
16 | 2596456 | 0.070 |
5 | 566501 | 0.069 |
Price($) | Vol. | No. |
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0.074 | 969 | 1 |
0.075 | 500000 | 1 |
0.076 | 410000 | 3 |
0.077 | 400001 | 4 |
0.078 | 108003 | 2 |
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