CUY should move strongly at some point - some possibilities are:
1. the announcement that the FLT has extracted its first u308 and the recovery rates are in line with expectations
2. resulting from 1, CUY announces it will expand to a full scale mine.
Other possibilities are:
3. the market being made aware of the low cost nature of Oban, and how producing u308 from ancient sands is s fundamentally different business model from other forms of u308 extraction;
4. A few investors just want to get in at some point and will have to buy at higher prices, given the illiquid nature of the stock
Most posters here are in CUY for the long term - it's been a long ride, but CUY has quietly been ticking all the boxes, while other fly by nighters are vanishing.... remember TOE, ACB, URA and a host of other wannabes? AGS is still in the game because they had dumb luck...don't think so? well they sold 75% of Arakoola for 400K to Qasar back in the early 2000's...they had no idea...they were looking for copper back then. As for MTN, u308 prospectivity was not even mentioned in its intial ASX float!
CUY was first floated as a dedicated u308 company, before the sector became sexy. Bob Johnson is ex Heathgate/Qasar with immense experience in the sector. The pedigree and the business model will cancel out the dumb luck & the opportunists who have come into the sector.
Where is the proof you ask? Well, we're about to be the next producer. Others are several years off at least....AGS is tied entirely to the whim of when Qasar wants to expand.
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