The real value for shareholders will be longer term IMO. Might see a quick rerate but.....
Simon Youds was commenting on SMR technology back in 2019, being the future of Nuclear. Only years away from this coming to fruition. Despite WA (mining capital of Australia) being so anal about Uranium, whilst NSW gives U the green light, Cauldron low cost ISR profitable @ 40Us/lb is valued lowest on ASX is beyond questionable. Surely a rerate is due. My DYL holding has a 300mill$ value and needs a much higher U spot price to be deemed profitable. And DYL U in the ground is quite deep, CXU's U deposit is shallow and easily extracted with very low environmental impact. Also the Victorian high grade gold project is in its 3rd week of underground drilling. News will flow. I can't put any more research into CXU. 'What will be, will be'. Times are changing for U and CXU has the right resource, low environmental impact, low cost, high grade, and shallow. Current MC 16-20millaus$, is nuts? Considering where all other ASX U stocks are that don't have what CXU has in the ground. This is no ramp this is fact.Shame CLE can't hold CXU for the future and has to sell for peanuts. Tough luck I say and mismanagement by CLE.No one believed me regarding SMR technology on the DYL thread. Thought I was nuts. The next few years will be interesting for U and CXU's uranium resource... being what it is and all the hard work defining this shallow ISR project was done years ago.
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.61M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $36.48K | 3.371M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 4058200 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 683418 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 3969020 | 0.010 |
6 | 1198443 | 0.009 |
5 | 2195000 | 0.008 |
11 | 9348946 | 0.007 |
17 | 14005685 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 683418 | 3 |
0.012 | 2700000 | 5 |
0.013 | 2652948 | 3 |
0.014 | 2698230 | 3 |
0.015 | 300000 | 1 |
Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
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