They should have struck while the iron was hot and gone for the full $88m or whatever it is now for full funding to restart. And, doesn't accelerate restart in the slightest. It was supposed to be 15 months. Now it's 'end 2025' which is 20 months. They've had a couple of years to work on the FEED for restart and still haven't got it done. Crap management.
But, it's still wayyyy undervalued. Maybe because of the crap management.
Good longer term buying opportunity.
As long as a tidal wave doesn't hit a nuclear plant somewhere.
Ann: $30million Placement for Uranium Restart & Development, page-6
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Last
27.5¢ |
Change
0.005(1.85%) |
Mkt cap ! $504.2M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 27.0¢ | $1.829M | 6.608M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 480588 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 132245 | 9 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| LOT (ASX) Chart |