Breaker,
the minimum expenditure is $200,000 per annum. NST is free carried up until the completion of bankable feasibility study which would cost millions.... if there is anything there UTO will spend the $$$ on it as it is in their best interest to do so... i dont see the downside. given the extremely small market cap of NST the market didnt attribute any value to the U upside anyway!
the way i see it the JV gives NST the opportunity to unlock some U upside for which the market currently attributed a minimal value to.... i would rather have 25% of a known uranium resource than 100% of an undiscovered one!
i think NST could have structed the deal better or done a spin off themselves (like every other company) but i still think some expenditure is better than no or minimal expenditure. i will continue to hold NST
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Last
$13.86 |
Change
0.570(4.29%) |
Mkt cap ! $15.92B |
Open | High | Low | Value | Volume |
$13.71 | $13.91 | $13.63 | $79.37M | 5.751M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35544 | $13.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.86 | 28982 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 400 | 13.800 |
1 | 217 | 13.750 |
1 | 1459 | 13.700 |
1 | 73 | 13.640 |
1 | 10000 | 13.600 |
Price($) | Vol. | No. |
---|---|---|
13.880 | 1000 | 1 |
13.900 | 9029 | 3 |
13.910 | 2000 | 1 |
13.920 | 5340 | 2 |
13.930 | 4000 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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