Don't get too excited folks. "Its a long way to the top if you wanna see the doe."
Tango...over to you. But seriously TOE has a long way to go before we reap a harvest. Remember its always Supply Vs Demand. At some point the curves will cross. And they will; then you will see a change in the value of U2.
On April 27 2007, TOE shares hit $1.25. The Uranium price was at a peak. 10 years ago. Not sure what it was but it was high.
https://www.google.com.au/imgres?im...ved=0ahUKEwj-sMuA44jYAhUBLpQKHQiGCUMQ9QEIKzAA
TOE have moved a long way towards pre-production since then.
Think about that for a moment. Today there are more reactors coming online than ever before. The demand for secure reliable base load power is growing exponentially. I don't believe renewable can meet this in the short term (50 years)
Sonid
Uranium Price - green shoots, page-29
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Last
26.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.25M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 27.0¢ | 24.5¢ | $62.44K | 243.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27122 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 178293 | 1 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| TOE (ASX) Chart |
