Too late ? It's only the beginning.
Uranium will reach in excess of $60 per pound or the lights go out in America. The lights won't be going out.
Then there's China increasing need for pounds.
Hedge funds are securing their positions before they start buying physical uranium, which will only further deplete supplies.
Alligator's Samphire resource will be a $3 billion resource when U prices reach what they have to. This doesn't include their NT tenements, Big Lake in SA and other projects they're assessing.
Sellers of Alligator are either traders, can't afford to carry stocks long-term, or haven't adequately studied the uranium macro thesis.
This stock has the potential to have a market cap in the billions. Is a 2c share price too late ? It's laughably early.
Too late ? It's only the beginning. Uranium will reach in excess...
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4.2¢ |
Change
-0.004(8.70%) |
Mkt cap ! $162.5M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.5¢ | 4.2¢ | $219.2K | 5.058M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 927189 | 4.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 158409 | 2 |
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| AGE (ASX) Chart |