Uranium spot price, page-53

David, out of respect to you, yes, essentially that's what I was saying and therefore your previous post was accurate. In my reply, I was referring to the tranche 1 CR shares, which have well and truly churned though. That said, I wasn't expecting these tranche 2 shares to be transferred from CREST to CHESS in such numbers.

I do hope my more detailed post helps. I always like to know what I'm dealing with, even if I cannot predict exactly how long I'll have to deal with it. This shapes my decision on whether to (hopefully) take profits, bail and return, which is what I did last time.

In this case, it's unusual. The UK investors are only in the money here if the SP on the ASX stays 2.1c+. Then you have the spread comparison between the AIM SP vs the ASX SP. They'll just as soon transfer their shares back over to AIM if there is a better return.

Will hold, see how it plays out.