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ZOONO GROUP LIMITED (ASX:ZNO) - why no update or news from agm, page-8 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
ZNO
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why no update or news from agm, page-8

  1. Nobby_clark
    12,622 Posts.
    clock Created with Sketch.
    30/11/07
    07:21
    Post #: 3062796
    this is a no brainer.
    Not only GOLD but also URANIUM.

    "Uranium at $150/lb within a year
    Allan Seccombe
    Posted: Thu, 29 Nov 2007

    [miningmx.com] -- THE uranium price will move to $150/pound within the next year driven by supply and demand fundamentals, said Uranium One CEO Neal Froneman.

    The spot price for the energy metal is $93/lb and the long-term price $95.

    “Our view is that we see uranium at $150 within the next year or so. Market activity is increasing,” Froneman told Miningmx.

    “The fundamentals are better than six months ago. Production is not reaching levels that were expected and demand is increasing,” he said.

    The price of processed uranium or U3O8 reached an all-time high of $138/lb in June this year from below $10 seven years ago, but has since pulled backed.
    ZNO Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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