Can someone please help me to understand how a uranium company who does not make a cent of profit and has resource in ground worth half of what Gindara is by itself can have a MC of more than 2 billion.....while NDO is only worth 141 million, is making a profit which is to triple by early next year and has the potential to be a 30-40 times bigger company than EXT??????
I sit in amazement and ask why there is so much interest in EXT.....dont tell me the market doesnt play favourites.
Also for EXT to start turning a profit they need to raise 705 million dollars for their mine......with 705 million dollars NDO could fund the exploration and production of every single drill target they have and end up with 30 times the amount of profit and resource that EXT will, then give every NDO holder a 10 cent dividend haha.
Can someone explain this please?????
NDO Price at posting:
13.5¢ Sentiment: LT Buy Disclosure: Held
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