Uranium price will need to increase dramatically to make BLR's low-grade deposits viable. Right now, they're just sitting on a big pile of dust.
We can sustain this market cap if the uranium price spikes, but if it stays where it is now, then we are undoubtedly headed for 10 cents. Overall, there are much better mining plays out there right now, with far more attractive risk/reward profiles.
- Forums
- ASX - By Stock
- BLR
- correction to 10 cents
correction to 10 cents
-
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)