Since the float, CITIC and TALBOT have both increased shareholdings from 8.7% ea. to 17.57% ea. They have bought 10m shares each on market at a price when shares were trading up to 50c.
Is Talbot shifting from Coal into Uranium for the future?
At a market cap of just $46m and tightly held by approx 2547 holders(at float & less now), SNU only has to find approx. 0.4m pounds of U3O8 to justify its share price of 40c.
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