GUE 1.14% 8.7¢ global uranium and enrichment ltd

General Discussion GUE, page-55

  1. 2,802 Posts.
    lightbulb Created with Sketch. 771
    interesting article
    my understanding is that vast parts of the state have mineral rights which can be sold to interested parties
    landowners can split the land and sell whatever is under the ground
    the previous owners before 2008 did that took the cash thank you very much and eventually sold the land

    what I find strange is that the state is very well known for this type of practice selling mineral rights to the land
    and no due diligence done by attorney if I was buying I would make sure because the state is known for it

    I’m not sure how the rules apply on US property purchases but I would think if buying land there it would state mineral rights land ! intact or sold
    here in Australia a solicitor has to find all issues with the any property purchase

    the gripe by the new landowners post 2008 they must have got wind that Gue who bought the rights from previous owner plans to do work there and they have no rights to sell and apparently could have got land cheaper

    if there not happy they can buy the rights back according to this article
    anyway that’s my understanding


 
watchlist Created with Sketch. Add GUE (ASX) to my watchlist
(20min delay)
Last
8.7¢
Change
-0.001(1.14%)
Mkt cap ! $23.11M
Open High Low Value Volume
8.8¢ 9.0¢ 8.7¢ $36.32K 412.7K

Buyers (Bids)

No. Vol. Price($)
2 30600 8.6¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 125000 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
GUE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.