and think of that in terms of the price of the resource per lb KC (see details in my other post)
ifthe resource holds 1Blbs then at $10/share the buyer gets the U308 for $2.53/lb - it's laughable (and yes I know there are further exploration costs to convert this to a resource)
Consider the production costs of $32/lb plus the capital cost of buying Husab via acquiring EXT, then it's is very very cheap for the chinese compared to LT U308 prices of $70 plus per pound, whichever way you look at it
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- proposing to reduce offer to 270p
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1.2¢ |
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Mkt cap ! $16.22M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
8 | 7396496 | 1.0¢ |
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Price($) | Vol. | No. |
---|---|---|
1.2¢ | 14329616 | 10 |
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No. | Vol. | Price($) |
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9 | 7797366 | 0.009 |
5 | 2587500 | 0.008 |
8 | 3906577 | 0.007 |
2 | 452276 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 2395 | 1 |
0.012 | 14341691 | 10 |
0.013 | 4027200 | 5 |
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