UXA uxa resources ltd
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spot price not a great indicator

  1. intellimoney
    1,534 Posts.
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    24/03/08
    23:21
    Post #: 3501490
    I was watching FOX Business today and their special report on dirty soil.

    One of the people inverviewed said the long term contract price on Uranium is 95USD a pound and spot price is normally used for when producers have oversupply and buyers have a small short fall in stocks.

    Long term mining in Australia in Uranium is expected to double in Ten Years.

    Problems with WA and QLD governments make UXA a Co with a head start on production.

    In other words UXA is long term so I better use this one for my super and buy on the dips.
    UXA Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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