Namib govt and local interests have only small direct shareholding (c16%) in Rossing Uranium, the jv company, but Namib govt has 51% voting control. So we'd have to assume they would work in tandem with RIO's plans. If Namib govt is the monopoly supplier of scarce water & electricity & maybe sulphuric acid(?) resources to industry I wonder if they might choose to play some role in 'discouraging' competition with the Rossing jv? The plot is becoming so thick my head hurts. But for a simple investor like me I can't see any downside to continuing to hold EXT for the forseeable future. Am I missing anything?
why are polo buying?, page-50
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Last
1.1¢ |
Change
0.002(22.2%) |
Mkt cap ! $16.22M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $132.1K | 12.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8000000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 11187842 | 6 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| EXT (ASX) Chart |