CXU cauldron energy limited

What's everyone's thoughts on this? Are the grades too low to be...

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    What's everyone's thoughts on this? Are the grades too low to be economical? Mangement modelled their cut-off benchmark at 175ppm with bennet Well being at ~373ppm (on the assumption that spot price remains at current levels or greater). BOE acquired Alta Mesa Project for USD$60m which has 3.41 million pounds at 0.109% U3O8 measured and indicated and 16.97 million pounds at 0.120% U3O8 inferred N.I. 43-101 compliant resources. CXU's grade is about a third that of Alta Mesa but possibly double the size.
 
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(20min delay)
Last
0.9¢
Change
0.002(28.6%)
Mkt cap ! $13.15M
Open High Low Value Volume
0.8¢ 0.9¢ 0.8¢ $212.0K 25.82M

Buyers (Bids)

No. Vol. Price($)
3 2529000 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 1010000 3
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Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
CXU (ASX) Chart
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