i remember about however many months ago when the uranium spot price was around u.s.$44 and the aud was around the high 80 something cent mark which therefore resulted in a uranium spot price of around a.u.$49- $50.
now the spot price is a low u.s.$36.50 and the uranium spot price is equivalent to around a.u.$49.50.
imagine if the uranium spot price starts heading north from here as is expected.
if the spot price returns to u.s.$44 dollars as at today's exchange rate it would represent a.u.$59.60.
it's all about the numbers. lmao
AGS Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held