Just consider this: according to Hohnen, our next resource upgrade should show 240-250Mlb U3O8. Doesn't seem ambitious or unreasonable to me, given Zone 2 results so far. All possible bidders know that.
What do YOU think they will pay/lb? What would that make EXT's share price? Do the math - then decide where it might be prudent to topslice. ;0)
BTW, based on info from Ambrian's note last June, (http://www.wildhorse.com.au/documents/445.pdf ) RIO's entire global U resource is ~360Mlb. That puts the scale of what we have in context.
What sort of value should be put on 2/3 of RIO's U resources?
DYOR & check my figures.
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.72M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $47.68K | 5.278M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 6370837 | 8 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| EXT (ASX) Chart |