"News from Ukraine will drive plenty of action with the sp -one way or the other."
So true Emmi............bad news will really push the sp off the cliff. Good news and she'll be flying. The other option, (which most of us are used to), is "no news."
If we talk about a three month period, then "no news" will definately not be good news. I still believe the biggest threat for Uran's chances is the infighting between the Prime Minister and the President. The other major threat is the cash in the bank.
I will be happy even if we just get some tangible results that would get investors interested. If there's going to be a capital raising then we need something to back it. Of course............a full blown deal leading to production within 6 months would be preferable, although I'm not expecting this. Nothing happens fast over there, and Uran will be fed piece by piece in my opinion.
High risk, but huge rewards if it comes off.
URA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held