What a great Uranium mining boom can do.
If anyone can remember Extract (EXT) in Namibia where the SP hung around 8 to 13c from memory, did a 10:1
consolidation and my 700k shares became 70k.
RIO bought in about $1.00(10c pre) and yes i got fed up and sold them for about $1.10 and these went on to be
$10.00......WOW did i sell too early and obviously i have not forgotten
We all have those stories,..... PENINSULA MINERALS was once $7.00, well not really.... it did reach a high i think of
17.5 cents before the Japanese(cannot recall the cities name) disaster and with our 40:1 consolidation some time
back, that was the equivalent of $7.00.
If anybody knew the MC then to now, it would be a good comparison.....i am sure we have at least quadrupuled
our MC with the issue of new shares overtime, so i am not sure how to calculate what potential we could have now
to then when a boom was in play.....but 30/40/50c is most achievable surely and it could happen in 2021.
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What a great Uranium mining boom can do.If anyone can remember...
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