The legacy assets, do not deserve to be on the future presentation. They are what crapped this stock out to 3.5m mc. Except to explain how the stock became a shell, and the re-invention of this company making U sector acquisition. Good then, that this comes with a new MD.
So the incumbent holders will have to attempt to understand the metrics of value of a Uranium sector, when they were used to base metals. That would be most of the supply side at present i would think.
I doubt that much of the U sector is even yet aware of this, or as it stacks up to peers. Which makes it a softly softly SHHH accumulate period for mine, if i am just dealing with the old longs on the sell side, and not the sector heat on the buy side.
To succeed, need fertile ground, some discovery in place with upside exploration extensions, country willing to permit, helps to be high grade for news driven price catalysts and mining economics, close to surface. (or otherwise large scale moderate grade)
Others in the sector that are losers, anything that is just sniffing around , Uranium is very difficult to find as its signature can be masked under a few feet of soil. And anything is countries where permitting will never occur to mine.
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The legacy assets, do not deserve to be on the future...
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1 | 4764 | 0.068 |
1 | 12153 | 0.065 |
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Price($) | Vol. | No. |
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