Food is tanking mostly due to Russia and huge increases in Fertilizer costs. China and India scrambling to save themselves from the grain shortages is clear. Another of my favorite stocks is hydrogen. Nuclear to power hydrogen when ever spare capacity is available is a no brainier. Ditto for wind and other carbon free power of course. Yarra fertilizer is one of the biggest and scrambling to get carbon out of the fertilizers.
Food production declines at present are continuing until that part is fixed. Nuclear will be a part of the food solution happily. For that and other reasons I doubt the 0.30cent price is likely
US markets up several % in our sector over night except in Sprot. U price is stable at over $50 which is still largely below the cost of extraction so all the hype is not going to start or restart until long term contracts are signed at well over all in costs. $80- $90 before the supply deficits will start to be fixed?
Have a great day all
THE SQUEEZE IS ON, page-30
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Last
$15.75 |
Change
0.100(0.64%) |
Mkt cap ! $4.700B | |||
| Open | High | Low | Value | Volume |
| $15.80 | $15.89 | $15.60 | $17.18M | 1.091M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2969 | $15.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.79 | 268 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$15.76 |
Change
0.100 ( 1.08 %) |
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| Open | High | Low | Volume | ||
| $15.82 | $15.82 | $15.60 | 148200 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| PDN (ASX) Chart |