It's a brownfield project, completely derisked - the asset and mine has produced in the past. Hence the valuation.
Also remember at the last Uranium cycle at its peak it was about $5B and that was when the company had a shitload of debt and another crappy asset.
This is the start of the cycle.
It's a brownfield project, completely derisked - the asset and...
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Last
$13.47 |
Change
-0.230(1.68%) |
Mkt cap ! $4.020B | |||
| Open | High | Low | Value | Volume |
| $13.62 | $13.70 | $13.42 | $22.52M | 1.655M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32179 | $13.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.50 | 5101 | 1 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |