re: panic merchant mcrae monkey boy just to throw in my 2c worth, i would rather buy SAU with a market cap of around $30 mill at 44c, which will then entitle you to take up Southern Uranium shares @20c in the upcoming float.
Southern Uranium float @20c will give that company a fully diluted market cap of $23 million, yet they have over 12500 sq kilometres comprising 20 tenements in the Gawler craton, 5 of which are j/v with Canada's giant Mega Uranium.
Take a peek at the recent additions to the SAU shareholder list. Messres Talbot from McCarthaur Coal & China's own CITIC corporation. Also look at who has been appointed as Chair of Southern Uranium in the recent ann (EGM notice).
I dont think Southern Uranium is going to list as your average fledgling explorer, it is going to have serious backing. Compare this kind of opportunity to DYL where the market cap is around half a billion bucks and ask yourself which is the better bet.
DYOR, i have been wrong before plenty of times.
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$1.34 |
Change
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Mkt cap ! $1.298B |
Open | High | Low | Value | Volume |
$1.34 | $1.36 | $1.33 | $5.055M | 3.770M |
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No. | Vol. | Price($) |
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3 | 94235 | $1.34 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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2 | 16879 | 1.330 |
3 | 7079 | 1.325 |
3 | 14146 | 1.320 |
1 | 5879 | 1.315 |
1 | 5834 | 1.310 |
Price($) | Vol. | No. |
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1.345 | 25879 | 2 |
1.350 | 25879 | 2 |
1.355 | 13809 | 3 |
1.360 | 24767 | 2 |
1.365 | 4767 | 1 |
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