One of the ways that MEU can realise the value of Junction Dam is to make it attractive to Boss next door. Boss is permitted for export and one of only 4 permitted Uranium mines in Australia. I don't see MEU going through the permitting process.
Have a listen to Duncan Craib of Boss at just before the 45 minute mark of the video below (Nov-21 interview). He talks about M&A and acknowledges that Boss have looked at two neighbouring tenements - one to the North and one to the East (MEU) of Honeymoon. He states that they have been looked at and Boss would want the resources next door proven up more before they would be interested in considering making a play for them. They have extended their own resource significantly in recent times but I think acquiring Junction Dam (with a 3M lb JORC and upside towards 33M lb) might well be attractive to them as well as being the best option for MEU.
- Forums
- ASX - By Stock
- MEU
- Ann: Marmota acquires Junction Dam uranium tenement next to Boss
Ann: Marmota acquires Junction Dam uranium tenement next to Boss, page-37
-
- 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 MEU (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.6¢ |
Change
-0.001(1.37%) |
Mkt cap ! $40.20M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.6¢ | $30.4K | 826.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 459346 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 149291 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 459346 | 0.035 |
4 | 644117 | 0.034 |
2 | 175000 | 0.033 |
2 | 47710 | 0.032 |
10 | 180900 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 149291 | 2 |
0.038 | 105300 | 1 |
0.039 | 607124 | 3 |
0.040 | 262759 | 4 |
0.041 | 63562 | 2 |
Last trade - 11.04am 01/10/2024 (20 minute delay) ? |
Featured News
MEU (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online