Yes it takes a fair chunk of money to get a mine up and operational. That is not the major issue to worry about. The first thing that needs to happen is they need to drill and confirm that they have viable deposits of which they can mine. Once they have a knowing of how much uranium there standing on then they can create a value for that deposit. Once this happens they basically have an asset. This can know be used as equity to borrow money or alternatively do some capital raising through share placements. Of course if we are at that stage there will be investor throwing money at the company. If the Uranium is there and viable then its pretty much closed case money maker, unless managment are total gooses, which i am confident they are not. Hope this helps.Sorry if i dont make any sense ive had way to much to drink and. What time is it. My girl is gonna shoot me. Over and Out
- Forums
- ASX - By Stock
- just a few questions
Yes it takes a fair chunk of money to get a mine up and...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
Add SRT (ASX) to my watchlist
(20min delay)
|
|||||
Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $32.19M |
Open | High | Low | Value | Volume |
18.0¢ | 19.0¢ | 18.0¢ | $10.89K | 57.95K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 25800 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 18475 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17142 | 0.175 |
1 | 10000 | 0.160 |
1 | 14280 | 0.140 |
1 | 1230 | 0.130 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 18475 | 1 |
0.210 | 41477 | 1 |
0.230 | 32564 | 1 |
0.250 | 10000 | 1 |
0.280 | 10000 | 1 |
Last trade - 14.37pm 12/07/2024 (20 minute delay) ? |
Featured News
SRT (ASX) Chart |