extract resources drilled during the height of the GFC and announced discovery jan 2008
takeover from China was announced mid 2011 and finalised early 2012. The amount was Au $2.2 billion. This was also at a time after the Fukushima earthquake disaster so uranium was in a bear market.
a takeover for such an asset in 2024-2026 would probably be $4 billion . Extract was also in a stable African country but we all know that Africa can change in a heartbeat.
Luni is about one year into discovery. Not yet a unicorn. Both Luni and extract resources are high grade discoveries, albeit different commodities.
General discussion, page-4175
-
- There are more pages in this discussion • 8,294 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 WA1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$15.40 |
Change
0.150(0.98%) |
Mkt cap ! $998.9M | |||
| Open | High | Low | Value | Volume |
| $15.25 | $15.75 | $15.07 | $2.947M | 191.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 662 | $15.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.40 | 1082 | 2 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |