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.
Until the U price meaningfully appreciates, you could have as...
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Last
31.0¢ |
Change
-0.030(8.82%) |
Mkt cap ! $95.61M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 30.0¢ | $580.4K | 1.869M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 118300 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 78923 | 7 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |