Some nearology details -
French co. Areva offered $7.75 per share for UraMin Inc in mid June, valuing it at $2.5 bn (US). UMN had raised $400 m in 2 years to advance its projects. Trekkopje is UMN's main asset.
Forsys Metals (holder of Valencia deposit), listed in Canada, has had a yearly price range 1.47 to 10.20, presently 6.28 (Canadian dollars).
When sighing over WME getting always topped and tailed, I just look at these neighbours and think of the consolidation going on in the industry, and the value that these deposits are given in the market overseas.
Just waiting for the JORC statement and then see what happens after.
Some nearology details -French co. Areva offered $7.75 per share...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)