Purchased this morning at 14.5 cents. Congrats to those who [appear to have] picked the bottom at 11-12 cents.
The uranium market is in a very peculiar situation where the price is now sitting below the cost of production while demand is strengthening, setting up the stage for a significant change in uranium prices.
My best guess is a uranium price of at least $50/lb by 2020-2022. The situation is of course not without risk (demand from Japan, geo-political etc), but appears very compelling indeed.
Ann: Becoming a substantial holder, page-5
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Last
$8.17 |
Change
-0.130(1.57%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.22 | $8.31 | $8.13 | $21.70M | 2.652M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 129 | $8.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.17 | 11735 | 3 |
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| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
