ACB's close peer is BMN, Global Uranium ETF holds BMN, BMN has a relatively lower capex, but ACB has a bigger uranium deposit.
I think ACB could be re-rated to similar level of BMN's valuation.
Macquaire was accumulating ACB, majority of ACB shares are held by Chinese companies, top 20 hold around 90%.
8-year high; how high can it go?, page-3
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