Exactly, not too sure what investors were expecting here. The main objective of this FS has been met, which was to prove that the transition gives us profitable margins. Great financials given study price $49/lb. My thinking is that stage 1 could provide significant capital for stage 2. Contracts already in place above $50/lb, current market cap less than net assets. Seems the safest uranium play on the ASX.
Ann: Feasibility Study confirms robust economics of low pH Lance, page-5
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Last
5.7¢ |
Change
0.002(3.64%) |
Mkt cap ! $274.0M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.9¢ | 5.5¢ | $1.879M | 33.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 230880 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 277792 | 3 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PEN (ASX) Chart |
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