The Russians and the Kazaks commented earlier this year that they would be influencing the uranium market by late this year. The recently announced reduction in output confirms their intention and has had an effect, although how sustained it will be remains to be seen. It might prompt movement of stockpiles and dissipate the effect. LHM needs spot greater than $30 to be profitable and Kayelekera at least $50. The value of LHM would have gone up accordingly since that obtained for the CNNC trigger fiasco.
Ann: 31 March 2017 Interim Financial Report and MDandA, page-12
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Last
$11.83 |
Change
0.060(0.51%) |
Mkt cap ! $3.538B | |||
| Open | High | Low | Value | Volume |
| $12.00 | $12.32 | $11.66 | $46.16M | 3.848M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 436 | $11.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.85 | 15265 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |