I don't think it's bad news when you consider with the vanadium credits their "targeting aspirational average life of mine all-in cash costs of US$30/lb" - we are not far off these levels. If prices move as many us think they will towards US$40/lb or more by year end then they won't have an issue raising US$100m for the restart. The U sector will be the hottest sector in town.
Now imagine US$50 or US$60 a lb and we have a full blown U bull market that will make the crypto hodlers blush.
Ann: Board Approves Langer Heinrich Restart Prefeasibility Study, page-4
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Last
$8.20 |
Change
0.460(5.94%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.04 | $8.32 | $7.90 | $30.65M | 3.704M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $8.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.22 | 2649 | 1 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
