The big sound of these drums is shaking Mt Isa.
They will be drilling for years to come, I think, considering additional Mt Isa tenements acquired.
I believe that the present SMM price does not yet correspond with the QLand Govt *not* allowing mining.
Consider that the In situ value is increasing all the time, regardless of mining going ahead or not. The latest US$10 or AUS$12.65/lb spot U price is worth AUS$6.26/share!
(Based on fully diluted 202 mill shares, assuming 100 mill lbs U in situ and $AUS=US$0.79)
And that is just a US10 rise per lb.
And the share price is AUS$3.95. Ridiculous IMHO.
Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.
The big sound of these drums is shaking Mt Isa. They will be...
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $11.61M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.5¢ | $394.8K | 22.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 402029 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 2364242 | 3 |
View Market Depth
| Last trade - 15.52pm 25/07/2025 (20 minute delay) ? |
| SMM (ASX) Chart |