here is one take on the spot market:
“We are going to see it jump $5 to $10 every week, like we saw before, because it just has to happen that way. I’m not sure exactly when this will happen, but there frankly is just not enough supply. It’s a very thin market, and once you get two, three, four utilities trying to buy at the same time, you are going to see large jumps.”
more details here:
http://uraniuminvestingnews.com/222...gerald-nexgen-fission-denison-uex-cameco.html
depending on the outcome of the legals it maybe a good idea for ags to hold onto our four mile interest for a few more years.
even if ags only pay an initial modest dividend i would still be a very happy ags shareholder if ags could manage our four mile stake without any more ags shareholder dilution.
wouldn't we all like to see the ags share price on a steady upward trend and receive ongoing dividends. i think this is possible.
i don't think it's prudent for ags to rush a divestment of four mile if things go a certain way.
