ACB 0.00% 6.8¢ a-cap energy limited

Supply thinning in a already tight market. Add in Niger cutting...

  1. 6,154 Posts.
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    Supply thinning in a already tight market. Add in Niger cutting out France. Think U goes to 75-80usd/p pretty quick.



    Cameco says challenges at the Cigar Lake mine and Key Lake mill will impact its 2023 production forecast; It now expects to produce up to 16.3 million pounds of uranium concentrate at Cigar Lake, a reduction from the previous forecast of 18 million pounds

    https://hotcopper.com.au/data/attachments/5559/5559931-ff94ed613b12476d90a97e6a5bd6e956.jpg



    ACB under 6c is building for a big break with LOT needing 24 (charts are showing). 8c could come pre M&A

    added a few Friday in those mid 5s.

    https://hotcopper.com.au/data/attachments/5559/5559933-1da41b998f8a61ed920df0870237651b.jpg
 
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