PEN. Producing in the US. Combover's paranoid about national security and the import of uranium into the US is being reviewed over the next 9 months. If they decide to impose tariffs the price will rise.
They already have contracts to supply to 2030 at higher than current spot prices ($50 to $60 price I believe)
Along with the other changing fundamentals of Uranium for the better at the moment. Reducing supply, reactors in the east under construction, funds such as yellowcake buying up uranium in the spot market.
Gangbusters for Uranium plays over the next 12 months.
BMN is the same valuation as PEN now but the BMN resource is way bigger. Risk of development to production probably priced in.
The underlying chart of BMN looks set to fly once the heat comes in but the explorers always do better anyway with punters chasing multi baggers.
PEN. Producing in the US. Combover's paranoid about national...
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Last
$2.80 |
Change
0.140(5.26%) |
Mkt cap ! $442.9M | |||
| Open | High | Low | Value | Volume |
| $2.77 | $2.84 | $2.73 | $1.866M | 667.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1315 | $2.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.83 | 3342 | 1 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| BMN (ASX) Chart |
