For those that don't know I control Parle Investment,
The recent political changes in WA and the increasing interest uranium has raised the possibility of some bigger company becoming interested in CXU. The concern I have is at this point no one can clearly say what the pound of uranium are because there is still a lot of exploration work to be done. This cost money and if a CR was done in the normal way the price would need to be discounted and that wouldn't be in the best for existing shareholder. I need to make a point worth noting, we are sitting on 67 m options and we could have exercised those for around $1m. Instead we took the harder choice of purchasing 45 m share for $ 2m so the company had more funds. In addition we can convert the options in the future to give CXU a further $1m if needed provided we act with in the 20% rule.
We are here to support Jono and the team as they are doing a great job. They will build CXU into a major Australian Uranium producer in the future.
Tony
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- Ann: Private Placement to major Shareholder to Raise $2.025M
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cauldron energy limited
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Ann: Private Placement to major Shareholder to Raise $2.025M, page-10
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.91M |
Open | High | Low | Value | Volume |
0.9¢ | 1.0¢ | 0.9¢ | $3.38K | 375.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 5299985 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 5771118 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 5299985 | 0.009 |
16 | 7936250 | 0.008 |
7 | 6926066 | 0.007 |
7 | 5251666 | 0.006 |
6 | 3677010 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 5202369 | 8 |
0.011 | 2607947 | 5 |
0.012 | 1827088 | 7 |
0.013 | 1650000 | 2 |
0.014 | 2021004 | 3 |
Last trade - 10.54am 25/07/2025 (20 minute delay) ? |
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