pommy -
I can't see Paladin making a bid and then Areva paying a 31% premium for an unusable asset when they too could have gone to SA / NT or US or Sth America, Ukraine, Kazikstahn or Glickenstein.
These people don't make the mistake of taking a 9% share in something for a lazy A$120m (and potentially an 18% stake for A$293m) in a WHITE ELEPHANT.
Areva only get marketing rights on 2nd tranche action - important piece of info.
What would have they bought if it can't go to mine?
Real estate in Queensland is valuable but that's more than a HOT auction price!
They will have done some due dilligence and if that didn't include a political survey to understand their risk exposure then I'll be blowed.
They've got at least 120m reasons to get it right - I have not got that much on the line here!
I'll risk it!
pommy - I can't see Paladin making a bid and then Areva paying a...
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $3.608M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $228 | 65.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 24020836 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5696998 | 11 |
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| Last trade - 11.54am 13/11/2024 (20 minute delay) ? |
| SMM (ASX) Chart |