At the end of the last quarter the company had $31.6m. Given cash burn for this quarter I'll assume they have $30m left.
1,344,077,346 shares on issue.
So cash per share 2.23 cents
How much is this company worth?
"The new legislation prohibits preliminary investigation, exploration, and exploitation of uranium,which it
defines as uranium content which occurs at 100 parts per million or greater in the total resource. "
Page 10 of the company's last quarterly has a statement of identified minerals for the project.
The grand total of all of the deposits has the amount of U3O8 sitting at 266ppm.
At the end of the last quarter the company had $31.6m. Given...
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $30.89M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.1¢ | $37.78K | 1.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1510902 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 50951 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ETM (ASX) Chart |