It all hinges on what PDN want to do with their holding. The last audit report said SMM will ultimately need a capital raising to keep going. I doubt PDN would want to keep holding, they may sell down or completely exit given the stagnate price of U and the inaction of the QLD government over the years. In any event, no new U mines will be developed in Australia unless there is a long term price north of $70USD a pound.
My opinion is there is too much negativity around the safety aspects of Nuclear Energy and reports I have read with regard to the development costs of U Power stations are out of control. Moving forward I feel that countries and Governments will look at alternative energy solutions at the expense of Nuclear.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.123M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
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No. | Vol. | Price($) |
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18 | 18483666 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 2053366 | 4 |
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