CXU cauldron energy limited

Gtr is trying to define a resource and if sthen go through the...

  1. 3,107 Posts.
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    Gtr is trying to define a resource and if s
    then go through the the red tape and process of getting mining approvals etc
    will have no issues Wyoming is a uranium state plus the US is rebuilding there domestic
    which has been abandoned for many years as they founf it cheaper to import near 90% with low prices that where available and mainly from Russian origins

    Thats all changed now higher prices and the East and West will distance themselves

    Cxu on the other has already spent money and explored and found and jorc a 31mlb I of uranium resource at a cost of $15m which is a low capitol cost
    To mine
    But falling uranium prices put all projects on ice
    Then labour came in put a ban on uranium mining i
    Which was easy and they looked good to the minority
    Because nothing was going to be mined at current prices
    All changing prices higher and global sentiment

    Cxu just over $6m cap and 31mlb of jorc uranium
    The cheapest on the planet



 
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Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
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