EL8 1.28% 39.5¢ elevate uranium ltd

Wantedman, with the question of Capex, you seem to be hedging on...

  1. 74 Posts.
    Wantedman, with the question of Capex, you seem to be hedging on the chance MEY will be taken over. Whilst this is a possibility, buying on the off chance of it will leave the buyer very vulnerable.

    I seriously doubt significant retail investment will flow from BMN to MEY. If anything it will make potential buyers far more dubious of opening positions in a company that has considerably less proven resources and lower grade uranium than BMN. I think the current (and hopefully temporary) plight of BMN will have far reaching consequences for all smaller U startups.

    It is important though to keep in mind that the PFS of BMN deemed the venture ECONOMICALLY VIABLE (though the market has seemed to have decided otherwise), so it would appear that to put a rocket under a U stocks sp the market requires something further?!
 
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Last
39.5¢
Change
0.005(1.28%)
Mkt cap ! $121.8M
Open High Low Value Volume
41.0¢ 41.5¢ 39.5¢ $418.1K 1.021M

Buyers (Bids)

No. Vol. Price($)
1 12818 39.5¢
 

Sellers (Offers)

Price($) Vol. No.
40.0¢ 8777 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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