The hard rowing ended when the yanks converted the Ark to a galactic star cruiser when critical mass nuked away the great wall of china circa the second marker buoy. Just passengers cruising in first class now.
You cant push these things beyond what necessary foundation laying steps have to be made. It aint a T+3 daytrade spec. Talking about 50 years production from multi-mines of polymetals and cake here.
Someone thought mines supply can meet demand at the flick of a switch here. Doesnt work that way. The bigger and better the supermarket, the longer to get approvals to build it. Just take a look at Olympic Dam. BHP wanna triple U-production but wont be able this side of 2013 cos of all the necessary formalities.
The Jungle King on the other hand looks like firing in an application to mine U near term ......... tell me of any other Ozzie at the ready for such ........ there aint none apart from poss AGS's 25% extension of an existing producer later or maybe Canadian SXR-U 1's small-time Honeymoon which has been on the drawing board last 9 years.
There aint NOTHING close to Mt Fitch U-production, but that too will take a coupla years. And of course thats exactly what we WANT cos that supply deficiency will keep the jet engines firing under the U-price next 3+ years, so the Mount can produce 2 mill lbs pa right into the screaming demand.
Right time, right place, right products, olympians aboard and with the grace of Zeus ! And cheap as chips too.
IMBOOC
CMR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
