Excuse my newbie uranium investor question here.
Even if they mine 2.45m lb every year for the mine life of 11 years at $40 profit, that would mean 1.07bn$ profit slightly more than the market cap.
But after 11 years the resource would be exhausted.
Are we betting on more uranium in the satellite areas or a higher overall uranium price(likely) or do they have other assets or is my math just bad?
Thanks!
Excuse my newbie uranium investor question here. Even if they...
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Last
$3.74 |
Change
-0.110(2.86%) |
Mkt cap ! $1.529B | |||
| Open | High | Low | Value | Volume |
| $3.75 | $3.77 | $3.71 | $9.903M | 2.649M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 18331 | $3.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.75 | 41825 | 7 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BOE (ASX) Chart |