In 2012 we had a share price of roughly $5 but U prices were 40USD and dropping. Rendering the project uneconomical. I reckon we are in a better position today with long term U price staying firm.
DYL etc are valuing at 1.5b+ even without production because there is strong modelling that suggests elevated U prices are here to stay.
TOE Price at posting:
53.0¢ Sentiment: Buy Disclosure: Held
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