there is no shortage of iron ore or coal either if you blanket take all the known deposits in the world and add them up.
there is a shortage of them however if you factor in sovergien risk, infrastructure access, processing risk and market share (ie marketing contracts keeping out new guys ala FMG).
the U game is about, safety, size and longevity of supply. for that matter all energy security is about the above and countires WILL pay a premium for it. they always have.
in some cases they start wars over it!
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Last
$2.92 |
Change
-0.070(2.34%) |
Mkt cap ! $593.6M | |||
| Open | High | Low | Value | Volume |
| $2.99 | $2.99 | $2.88 | $1.246M | 426.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 4584 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.93 | 2855 | 4 |
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| Last trade - 12.17pm 18/07/2025 (20 minute delay) ? |
| BMN (ASX) Chart |