Look at CXU - WA-based Uranium project with low grade (~ 300 ppm), currently ~ $50M MC. Also talk of Deep Yellow looking at respruking the Mulga Rock project. Today's announcement is very positive - really decent grades and also based on drilling not some grab sample from surface. More optionality is better than none, and if ever there was time to discuss WA uranium, now is the moment given the mainstream interest.
An exploration company doesnt have any cash flowing business so must of course find value in their assets - this is exactly what this announcement does
Price Target 0.05, page-19
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1.3¢ |
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Mkt cap ! $6.313M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $2.415K | 187.3K |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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| VSR (ASX) Chart |