ACB 0.00% 6.8¢ a-cap energy limited

365 M pounds U308, page-122

  1. 2,909 Posts.
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    A resource of this size is very rare and hard to find anywhere ! !
    and we have demand that already has supply constraint and energy consumption that has and will be increasing forward looking there is population growth but the massive upcoming demand will come from a avalanche of EV and Reactor builds as well as SPUT buying everthing above ground and more will come when he list in New York !
    so when comparing the last uranium cycle the difference is night and day and every uranium miner will be spoken for !

    some food for thought last cycle and after Fukushima a Australian uranium miner called extract resources sold his African tier 1 hussab deposit of 400mlb ( in the ground ) to the Chinese for $2.2b aud which was about $5.50 aud per lb and modelled off a $55 spot price and now the Chinese are building 150 new reactors in the next 15 years and will need security of supply and see imo the ACB resources well and truly spoken for way before any production ?

 
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