and think of that in terms of the price of the resource per lb KC (see details in my other post)
ifthe resource holds 1Blbs then at $10/share the buyer gets the U308 for $2.53/lb - it's laughable (and yes I know there are further exploration costs to convert this to a resource)
Consider the production costs of $32/lb plus the capital cost of buying Husab via acquiring EXT, then it's is very very cheap for the chinese compared to LT U308 prices of $70 plus per pound, whichever way you look at it
proposing to reduce offer to 270p, page-4
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.23M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $10.60K | 955.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45091 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 15637268 | 7 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| EXT (ASX) Chart |