AGS 0.00% 17.5¢ alliance resources limited

timing may be good for ags, page-11

  1. 5,939 Posts.
    lightbulb Created with Sketch. 3
    Looking at what Cameco, Paladin and Uranium Energy Corp have been getting for their uranium during 2012 I think the sales from Four Mile are unlikely to be in the low $60 per lb range.

    Unless there is a dramatic rise in the spot price over the next six months or so I think we will be looking at the mid to high $50 range.

    It would be nice to see the aussie dollar fall back a little too.

    But the big thing is that it's nice to be thinking about the forthcoming revenue stream.

    Uranium producers are few and far between.
 
watchlist Created with Sketch. Add AGS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.