UXA 0.00% 0.0¢ uxa resources ltd

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  1. 4,019 Posts.
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    There are lots of negative people on here...Yes you have a right to be negative BUT if this company has a growing demand for their GAA wireline business surely that means more revenue and earnings potential?

    We still own many assets right now which gives us more options....The logging businesses were purchased for nearly 9 million if I recall, those assets are being used too full capacity so IMO that helps to justify or MC remaing above 3 million..

    If I was UXA, I would cut overheads as best I could, I would focus on uranium as this is where our best growth potential remains...

    If GAA wireline is at full capacity sure it should be cash flow positive? if not why would they purchase more logging equiptment....

    IMO management would not even consider purchasing more logging assets unless they were super confident in that business or they are even more clueless than they appear..

    I am not saying this is a bargain BUT not worth selling now IMO
 
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Currently unlisted public company.

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