If they issue 80,000,000 shares for 10,000,000 tone JORC resource valued at roughly $4 billion in ground value, I don think any of us will be complaining... hell they could issue 800 million shares and and it could still well be $1 per share???? would be on a PE of 6!?!?
$400 tonne x 10,000,000 tonnes. It looks nice, either way you look at it!
Lastly, there are not 800 million shares on issue yet... there are 280. We are working off that for now.
OZ - What happened to you. You used to be cool :D
- Forums
- ASX - By Stock
- URA
- 779,000,000 shares fully diluted
779,000,000 shares fully diluted, page-4
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add URA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online