ERN erongo energy limited

What's happened to this shares? Only 2-3 months ago it was on...

  1. 87 Posts.
    What's happened to this shares? Only 2-3 months ago it was on fire.

    I know there has been a drop in the spot uranium price and also market correction but have things changed so much for this spec to be out of favour that much to cut the SP from $1.10 to 40 cents and 89cents to 20 Cents for the option.

    I know the latest results haven't been outstanding but I thought they were just confirming what they already have.

    Will this ever follow in the footsteps of other Namibian explorers like BMN? I know they are more advanced and have a resource in the vicinity of 160m pounds but I have heard that Erongo also have a huge resource.

    When will Erongo come back in favour?

 
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