wake up and smell the coffee.
The Company has virtually no cash and is holding less than $5M in listed investments (See their latest 4C quarterly cashflow report).
They have 367M shares on issue plus options which at 6 cents per share values them at $22M.
They hold 30% of the JV with CYU.
The results announced today are consistent with previously reported results (read todays announcement).
Even if they do find a commercial deposit and they may have one, the likelihood of CYU being given permission to establish a Uranium Mine is close to Nil in the foreseeable future.
This stock is a classic pump and dump stock, they have been doing it for eons. Be very careful you are not left holding the baby when this closes today.
So endeth the lesson.
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Change
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Mkt cap ! $9.241M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 374184 | 2.5¢ |
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Price($) | Vol. | No. |
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2.6¢ | 37000 | 2 |
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No. | Vol. | Price($) |
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1 | 4706 | 0.090 |
2 | 61000 | 0.085 |
1 | 25000 | 0.083 |
1 | 121951 | 0.082 |
1 | 10000 | 0.080 |
Price($) | Vol. | No. |
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0.092 | 4500 | 1 |
0.100 | 12000 | 1 |
0.110 | 10000 | 1 |
0.115 | 10000 | 1 |
0.120 | 1200 | 1 |
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