Agreed gold to uranium is a big shift considering CHN was a spin off of UEQ's gold/base metal projects. However, other than the birthing link there is no equity connection between the two, unlike some spin-offs where the former company holds significant numbers of shares in the new company such in the cases of WRL/NTU and EVE/AFR.
I expect CHN will operate without regard to UEQ's activities and seek the best new ventures possible and considering the background of the board I would be surprised if uranium is not in the mix.
As the deal to sell off Higginsville and Chalice projects would have been in the mill for sometime I expect that they have been busy developing a new venture and we won't have to want too long for an announcement to that effect.
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Agreed gold to uranium is a big shift considering CHN was a spin...
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Last
$1.37 |
Change
0.025(1.87%) |
Mkt cap ! $571.8M |
Open | High | Low | Value | Volume |
$1.33 | $1.37 | $1.31 | $2.349M | 1.749M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6763 | $1.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.37 | 1808 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 386752 | 0.145 |
6 | 299000 | 0.140 |
8 | 191611 | 0.135 |
6 | 319853 | 0.130 |
5 | 292000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 40000 | 2 |
0.155 | 367180 | 1 |
0.160 | 460998 | 10 |
0.165 | 353140 | 7 |
0.170 | 248919 | 2 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
CHN (ASX) Chart |