WH Ireland EQUITY RESEARCH ExtractResources Limited*
18/8/09
This Yellowcake Slice has just increased by 58%
Buy
Price A$8.10
Valuation A$9.93
3-year Target A$15.20
Following the release of the JORC compliant Inferred Resource for Zone 2, and preliminary cost guidance from the company, we have up-dated our valuation. The key
changes to our financial model is a 25% increase in production rate (12 to 15Mtpa), an 85% increase in project capex (US$380 to 704M), and most importantly, a 30% drop in
estimated production and processing costs (US$33.8 to 23.6/lb U3O8)...........(continued)
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I came across the 12 page PDF at
http://www.minesite.com/fileadmin/content/pdfs/Brokers_Notes_August_09/ExtractWHI180809.pdf
another broker report
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.27M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $81.55K | 9.061M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3054134 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2911053 | 1 |
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| Last trade - 15.43pm 30/07/2024 (20 minute delay) ? |
| EXT (ASX) Chart |