I guess it depends on perspective arjbha11, the bear market over the past 9 years has seen most uranium stocks decimated, most well below fair value. No doubt the climb from the previous range of 3-4 cents has seen that re-rate commence as the outlook for uranium improves. At current SP of .125 market cap of Au $130M is more realistic considering BMN still is a junior, regardless of how advanced anyone thinks Etango(8) is.
Regardless, next week could see some real buying pressure for BMN as there is a fair to good chance URA get onboard, that will provide good support to the SP moving forward.
Cheers
Ann: Global Investor Conference Presentation, page-6
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Last
$2.30 |
Change
0.120(5.50%) |
Mkt cap ! $410.7M | |||
| Open | High | Low | Value | Volume |
| $2.18 | $2.31 | $2.17 | $2.017M | 892.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $2.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 19901 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| BMN (ASX) Chart |