Possibly, but I don’t think so.
Nor do I think we see this through to development. From the way the company is set up and with staff on the books, the more likely scenario is the project gets shopped around.
Best case scenario, depends on on the Jorc and results that come back, this could be a great project acquisition for another company with more expertise. Benefit would be a solid cash boost to then pay a dividend to shareholders and fund an extended period of exploration.
it also minimises risks of seeing a project through to production. Who would buy the project? Plenty of companies if the numbers are right. The price could also be anything depending on the numbers that are due in over the next 6 months. Fairly sure there would be quite a few people here for a 3 cent dividend and still have 30 mill in bank for exploration.
not financial advice.
- Forums
- ASX - By Stock
- MAN
- Ann: High grade uranium up to 0.55% U3O8 at surface
Ann: High grade uranium up to 0.55% U3O8 at surface, page-16
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAN (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.26M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 485882 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 389566 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 485882 | 0.028 |
3 | 707715 | 0.027 |
4 | 245000 | 0.026 |
6 | 2210000 | 0.025 |
4 | 1125687 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 389566 | 1 |
0.031 | 449873 | 2 |
0.032 | 749269 | 3 |
0.033 | 120000 | 2 |
0.034 | 388644 | 3 |
Last trade - 11.56am 30/09/2024 (20 minute delay) ? |
Featured News
MAN (ASX) Chart |
Day chart unavailable