Pretty sure they expect about $5m in grants and R&D refunds this quarter.
U price hits $57-58 short pull back then off to $74 resistance followed by another short consolidation and pull back and now broken through with no reistance to $100 and a big gap to $130.
In the yearly presentation $77 was the midpoint used (already got there). $85 was the high side and we could be there very soon.
The numbers and IRR change dramatically every $10 increase in U price.
Its the one commodity that explodes when it does and doesn't take long and this is just getting started.
I dont think a season campaigner is going to rush a CR and Contracts when spot price is increasing 8% a month in a bull market.
For some context add and extra $100m p.a. or $2b to Tumas revenue alone and see how everything stacks up.
What happens if everyone gets a bit excited and its an extra $200m p.a. and $4b or LOM increases to 25 or 30 years and Tumas is $12-15b revenue alone.
The longer U price sustains the run the more the skeptics on the sidelines are pressured into changing mindsets and jumping on board.
Seen it all before.
Nek minut CR on Monday
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Price($) | Vol. | No. |
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