The problem is the newbies look at our resource size and compare it to market cap and say we're probably fairly priced relative to a few peers, not understanding how much further progressed the project is.
In this current U market cycle, AEE is likely to be one of the first greenfield Uranium projects to start production worldwide. We should be closer to 80c-$1.00 given our current stage of development. And that's not taking into account specific factors benefitting AEE for low cost production and far lower debt and capital requirements vs so many other peers.
All IMO.
The problem is the newbies look at our resource size and compare...
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $107.4M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.5¢ | $33.85K | 257.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 275388 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 26009 | 5 |
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| Last trade - 12.07pm 22/08/2024 (20 minute delay) ? |
| AEE (ASX) Chart |