Share
9,397 Posts.
lightbulb Created with Sketch. 1344
clock Created with Sketch.
30/03/20
10:27
Share
Originally posted by pezsaz:
↑
spot price moving up fast - now at $27+. Utility supply concerns being exposed and triggered via covid19 mine shutdowns. And Australia’s sovereign profile becoming materially more attractive daily, given recent Russian energy tactics targeting US shale oil. This may be the start of something larger in the U space, especially for the (only) few high high quality Australian U companies - Am expecting Mulga Rock secondary approvals to be completed in Q2 - capex requirement to be reduced - our first contract by Q3 - and would be nice to see spot $30+ by Q3. Currently up $3.00+ in last fortnight fundamentals are in our side. Stay patient and safe.
Expand
And how long since there was more on the Bid than the Ask over at VMY? Starting from a very low base now, just wish I'd been a couple of years later into this than I was. Opportunities abound as always. B22.