You don't think $7.7M is cashed up enough? They have modest expenses and Exploration costs in Namibia are very low, compared to Australia and let's be honest I don't think they will ever get into production, they're waiting for a T/O... At some point but at least they're not sitting in their hands in the mean time.
Though, I admit it is darn frustrating seeing the SP stagnate, despite all the stars and planets aligning for nuclear and uranium, but at the end of the day despite how brilliant the company is they are 'just' an explorer and the market seems to be cautious of explorers still.
Patience is all that's required.
EL8 Price at posting:
51.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)