URANIUM 1.02% $24.70 uranium futures

will there be a preconference dump, page-4

  1. 2,450 Posts.
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    My strategy is based on the assumption that the decisions have already been locked in. That is, yes the 3 mines limit is removed at a federal level, but its up to the states to make their own minds up. Hence, assuming that the decisions are already locked in, the sp of non SA based companies already reflect the probable outcome.

    SA companies will surge a lot, companies with only Australian tenements that are not in SA will probably stay flat or drop a little, and companies with overseas interests as well as non SA interests in Australia will surge a bit. Obviously restricting Australian uranium mining to only SA, and maybe NT, will restrict the worldwide uranium market which will probably contribute to a uranium price rise (US$150 soon?) and a surge in the companies with overseas and/or SA interests.
 
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