USL 3.33% 14.5¢ unico silver limited

Ann: Trading Halt, page-33

  1. 630 Posts.
    lightbulb Created with Sketch. 131
    If I was to be a cynical negative nancy i would say that the chance of a junior explorer developing a resource in Argentina is low. E2M will not be a developer but will sell the project or be bought out. See snip below. The Fraser Institute ranks Argentina in the top 10 least attractive jurisdictions for investment. I would speculate that E2M would be bought out by major who has some clout and control in Argentina and this would be done at the expense of retail holders.

    Would anyone like to share their investment thesis on this one? How does one navigate such risk and uncertainty? Amazing resource and upside btw.

    https://hotcopper.com.au/data/attachments/4229/4229331-85e4efe2f88c19d6e5602947f1fa2d87.jpg

 
watchlist Created with Sketch. Add USL (ASX) to my watchlist
(20min delay)
Last
14.5¢
Change
-0.005(3.33%)
Mkt cap ! $44.08M
Open High Low Value Volume
15.0¢ 15.0¢ 14.5¢ $8.123K 54.6K

Buyers (Bids)

No. Vol. Price($)
2 56657 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 116521 2
View Market Depth
Last trade - 10.32am 06/08/2024 (20 minute delay) ?
USL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.