During the last bull market, Orano/Areva paid around US$2 billion for Trekoppje, a deposit slightly larger and marginally higher grade than Marenica. (Google Uramin!) That's $8 per EL8 share.... and that is US dollars and ignores all other assets.
That should provide newcomers with an idea of what happens when panic sets in amongst buyers and whether 50c per share is over the top now.
Good luck
The Pick
U Spot price, page-92
-
- There are more pages in this discussion • 254 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EL8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |