I agree with you,G.Woolford ,selling out when he did, was the definitive moment of MEY's decline in SP(the market lost all confidence)even with Areva taking up Polo's stake at .18cps.That and what I consider an unimpressive and delayed scoping study.
Management can only report facts to the market,so we have to be patient.I'm still holding because ----------------------
1.jorc will be substantially increased.
2.opex could then drop a bit.
3.LOM about 15YRS .
4.profitable now without any revisions.
5.surprises from Areva or Hanlong.
6.u3o8 prices will increase.
From what I've been reading lately the market is favouring ISR/ISL miners but they're in the minority.Eventually the market will wake up to the size and profitability of MEY.
blue sky, page-2
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EL8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
41.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $128.0M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 40.5¢ | $134.0K | 324.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 7913 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |