Good point. At a quick glance it looks like they (CXU) have a market cap around $47m, with what looks like around 30 million pounds of Uranium. Cash at the end of the Dec qtr was just over $1m, but there was a CR of another $2m in Feb 24. So it looks like an EV or approx. $44m (for CXU).
Meanwhile, SUM has an MC of around $3m, with approx. $2m in cash. So our EV is approx $1m, but with 7 million pounds of Uranium. On the surface that doesn't look too bad (approx. 1 quarter of the Uranium compared to CXU, but an EV approx 44 times less). Pretty Good?
I might have missed something, as it was a quick scan.
Either way, imagine the potential if we get WA approval. Deep Yellow (for example) has around 100 million pounds of Uranium, but their MC is around $1 Billion.
Could we see a significant upgrade at Stallion as part of, or in conjunction with the upcoming MRE? Plus additional acquisitions?
IMHO and GLTAH
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Good point. At a quick glance it looks like they (CXU) have a...
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Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $13.65M |
Open | High | Low | Value | Volume |
20.0¢ | 20.0¢ | 18.0¢ | $399.7K | 2.102M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 105000 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 114997 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 105000 | 0.185 |
7 | 292444 | 0.180 |
4 | 168950 | 0.175 |
6 | 435941 | 0.170 |
1 | 10000 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 114997 | 2 |
0.195 | 266776 | 3 |
0.200 | 162219 | 8 |
0.205 | 150200 | 4 |
0.210 | 32081 | 2 |
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