1. Does this mean Current U miners have to increase their resource from existing Mines, find new resources, or make takeover bids for smaller explorers with resource potential to be able to take advantage of the increase in U prices as there are current reserves are more than likely locked into long term contracts.
2. Is a jump in the U price likely to affect upward pressure on the share price of companies like AGS as they have a potentialy good resource with no contracts yet.
3. Does this increase the probability of AGS being a possible takeover target from Companies like BHPB
4. Do you think Quasar will be pushing to get the JORC out this week to take advantage of the news.
Ubull reckons tomorrow...
AGS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held