Good news Reomir, thanks for posting. If the spot price is forecast to remain low ($40-60 range) over the next couple of years then all the more reason for Areva to take the higher grades on offer at Marenica, thereby improving profit margins.
A flat future price may not be good for most uranium juniors, but it sure is good news for MEY.
great overview over the uranium market, page-3
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Mkt cap ! $128.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 18000 | 41.5¢ |
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| EL8 (ASX) Chart |