IXR had a scoping study for its rare earth project in Uganda with a $321 Million NPV, and its market cap stay around 200mil to 300mil.. 600 million CAPEX is too much?? have a look at any lithium brine project, and most of them also target in production for 2025-26
SHP's market cap is a joke... It is a strategic investment, IMO. If European leaders or western resource giants do not pay attention to their local resources such as SHP and learn lessons from Russia, they will be f*ed again. Actually, they are!
IXR had a scoping study for its rare earth project in Uganda...
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $9.926M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $6.138K | 511.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 600000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1299969 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SHP (ASX) Chart |