So many Aussie mining explorers are dirt cheap compared to Canadian and UK quoted mining stocks. I think a fair price would be 10 cents at a market cap nearer $32 million - that's without any mining results that could go one way or t'other.
I think a takeover bid is in the offing here and I still think Mr Patrick Mutz of Deep Yellow has the fire power to take UXA out, imho.
uxa - 4.1c - $12.84m market cap - too cheap, page-2
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