When the margin increases, as it will, cash will dramatically increase and net debt will decrease. That process will be accelerated by increased production and the addition of new reserves to the production phase such as the Angela Pamela resource near Alice Springs. The big unknown is the timing but even the most negative of commentators say 2 years. 300% increase in the share price in 2 years time, even 50%, that's fine by me - i can wait, not that i think I will be waiting for 2 years.
The Next Uranium SuperCycle, page-14
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$11.55 |
Change
-0.190(1.62%) |
Mkt cap ! $3.454B | |||
| Open | High | Low | Value | Volume |
| $11.94 | $11.94 | $11.32 | $50.18M | 4.349M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 337 | $11.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.57 | 45691 | 2 |
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