So about 85,000,000 units in WHE
Current price: $1.70
Market Cap: $144,500,000.00
Short-term JORC Target: 20,000t of U3O8
IGV: $6 billion
MC: lb ratio: $3.28
It has now overtaken MTH ($3.76 MC:lb) as the cheapest U stock on th ASX
BUT.... remember, their 4 year feasability/mine target is 45,000t of uranium. So how good is that!!!! Putting that into perspective; They are targeting 3 times the amount of uranium than BLR, in similar areas (better actually), and yet have a MC $40 million LESS than BLR ..... Do the Math!!
Someone has woken up to its potential as the SP is being screwed ATM .... Patience will be massively rewarded, breakout must be close!
Cheers
Add to My Watchlist
What is My Watchlist?