Until the U price meaningfully appreciates, you could have as much of a resource you want, the likes of MEY, DYL, TOE, PDN etc won't be profitable. So MEY has invested in a somewhat anti-cyclical manner and gone for a land grab. Who knows where U-pgrade could lead too. They prove up a resource and a study confirming a relatively low cost operation, nterest will be there. Either way, I think the sector is ripe for consolidation especially the Namibian ones which I think we be in the interests of shareholders.
Ann: Quarterly Cashflow Report, page-6
Add EL8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.5¢ |
Change
-0.015(3.26%) |
Mkt cap ! $137.2M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 46.5¢ | 44.5¢ | $341.3K | 761.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49999 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 46943 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |