I've compiled a table comparing various uranium explorers to gauge MEY's current value.All data was obtained from last annual reports.
Some explanations:
1.FSY(FORSYS METALS)is listed in Canada,they've got the Valencia project in Namibia.I converted their info into AU $$.
2.NGM have now been taken over by Paladin.
3.For resource I included measured,indicated and inferred.
3.For shares I did not include options.In the case of MEY I added on the extra shares from the rights issue.
4.As they've all got various amounts of cash on their books I deducted that from their respective SP to reach the final value/lb u3o8.
I've tried to be accurate but if anyone spots a n error let me know.
Looks plainly obvious MEY & BMN are cheap by comparison.
If anyone knows an easier way of posting charts or tables on Hotcopper please let me know.
http://picasaweb.google.com/115936391755174285979/MyDocuments?authkey=Gv1sRgCP3-vc6PlciDygE&feat=directlink
analysis
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Last
41.5¢ |
Change
0.035(9.21%) |
Mkt cap ! $128.0M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 42.0¢ | 39.5¢ | $468.0K | 1.149M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18000 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 59166 | 3 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |