I think the concentration of the natural uranium is the main problem when the aim is to monetize it.
Management said in the Qtrly, the current vanadium concentration across the resource is about 18 times that of the uranium. They are currently looking for high grade zones that can be mined as satellite deposits. With the current study that is taking place and with Pete currently in Sweden, I'd expect some good news very soon...and a few burned sellers! IMO
I think the concentration of the natural uranium is the main...
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Last
13.8¢ |
Change
-0.003(1.79%) |
Mkt cap ! $101.9M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $71.34K | 510.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 1182148 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 160487 | 9 |
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| Last trade - 12.08pm 05/07/2024 (20 minute delay) ? |
| AEE (ASX) Chart |