The Russians and the Kazaks commented earlier this year that they would be influencing the uranium market by late this year. The recently announced reduction in output confirms their intention and has had an effect, although how sustained it will be remains to be seen. It might prompt movement of stockpiles and dissipate the effect. LHM needs spot greater than $30 to be profitable and Kayelekera at least $50. The value of LHM would have gone up accordingly since that obtained for the CNNC trigger fiasco.
The Russians and the Kazaks commented earlier this year that...
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Last
$12.47 |
Change
0.040(0.32%) |
Mkt cap ! $3.716B | |||
| Open | High | Low | Value | Volume |
| $12.55 | $12.58 | $12.46 | $1.724M | 137.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 2264 | $12.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.48 | 3763 | 26 |
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| Last trade - 10.30am 23/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |