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
39.5¢ |
Change
-0.015(3.66%) |
Mkt cap ! $121.8M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 41.5¢ | 38.5¢ | $318.8K | 806.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 33344 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 23149 | 2 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |