Interestingly, CZQ (listed on the Toronto Exchange) has only a $45 million market cap despite claiming one billion pounds of Uranium in the ground.
So... The market is not convinced that this resource in Sweden is worth much at all. AEE has a tiny market cap but they are not about to fly like EXT (for example) based on Sweden alone the grades are too low and I imagine capex and opex in a place like Sweden would be fairly high to get it out of the ground.
I hold and I'm optimistic but some caution required here.
sweeden projects, page-6
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $90.91M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $57.18K | 521.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 638884 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 147935 | 3 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| AEE (ASX) Chart |