Not only that. Russia has 40% of enrichment capacity. So if that falls away that means western enrichers need to go from underfeeding to overfeeding... a difference of between 30 to 50 million pounds of uranium used per annum.
Absolutely huge and it might last for years, certainly if demand goes up.
This upcoming bull run could get way wilder then most expect. A perfect storm is brewing.
EL8 CHART, page-104
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Last
40.0¢ |
Change
0.005(1.27%) |
Mkt cap ! $123.3M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 40.0¢ | 38.5¢ | $207.4K | 532.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6203 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 24999 | 2 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |