Im not expecting anything in a hurry. I am a newbie to uranium stocks but everything i have been reading states the same.
Uranium stock piles and demand magic number is 2023 and with the 4 year turn around to make it into fuel, contract negotiations for the big boys is expected to begin next year or maybe towards the end of this year. The spot price is still $14 off being remotely profitable. So given that TOE is all but ready to pull it out of the ground i am hoping the silence is management is putting there feelers out now.
And in the mean time if they find some gold all the better. Im thinking its a good time to top on shares because they should go up either when or if they find gold, or when production becomes feasible
Im not expecting anything in a hurry. I am a newbie to uranium...
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Last
27.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.25M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 28.0¢ | 26.5¢ | $16.67K | 61.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 4121 | 2 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| TOE (ASX) Chart |
