Mosely ... I'm pumped
Wasa ... around 10c IMO is the floor. There must be a sweet spot
MD ... the problem with all these short term reactions is that you need to find a long term answer. I agree that Fukushima was most unhelpful but aside from taxes and death, increasing energy demand is also a certainty. I can burn coal (Chinese pollution demands they move away from coal as primary source, India yet to exhaust); gas expensive; site inventory management of bulky fuels will always be a problem in densly populated countries.
I also think that uranium is a a long term commodity which will rattle with short term issues ... I think I seen an article where good ol' Russia might need to come to market because they have exhausted material recovered ex its fleet of nuclear weapons.
I think in the next 60 days announcements re mining imminent commencement will be share positive ... 20c +. Regardless of whether AGS agree or disagree, Quasar will (and I expect probably must) commence mining to avoid a significant demobilisation cost plus sourcing material elsewhere).
Good luck!
- Forums
- ASX - By Stock
- AGS
- new director, negotiate settlement, sell
new director, negotiate settlement, sell, page-95
-
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online