So the founder of the company is gone!!! What does that mean?
I used to hold this company brought in at 20 and bailed at 12. Always thought is was a pretty good story. If you read about the fundamentals of uranium that sounds like it should be a pretty good story going forward as well. Like one of the posters said $2.25 with a reserve of 50m lb pre GFC. At 350m lb and a buy in around 4.5c it must be a contrarians wet dream.
Whats the companies cash position like? How long can it hold on?
ACB Price at posting:
4.8¢ Sentiment: None Disclosure: Not Held
