I think that the market recognises that uranium has to move at some point -
It's just how close to the starters pistol does positions start ?
That they are bringing forth the drill says that they want to be seen as growing quality assets on books - as the cream and they think it's time to be active.
It just depends - does the market wait until we get to 30/lb etc (on its way ) to position ?
Or does the market say - it has to move in the next 24 months ? So position early ?
False starts May create uncertainty.
Hoping for volatility and that might loosen a few ops cheaply .
Otherwise have an entry position with heads - just in case market madness suppresses uranium price for another 12 months .
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Open | High | Low | Value | Volume |
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15 | 1123617 | 0.040 |
14 | 2631286 | 0.039 |
18 | 1751546 | 0.038 |
21 | 3587208 | 0.037 |
Price($) | Vol. | No. |
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0.043 | 517104 | 2 |
0.044 | 250000 | 1 |
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