I own a food processing business in Country NSW. I have no influence on WA Government to change any rules.
Before investing ask yourself a couple of questions,
Do you think Jono and the team will find more uranium with the current and expanded drilling program they have going?
Do you expect the price of uranium to increase over the next couple of years.
Could the WA Government change the rules.
Anyone of the 3 points above will raise the share price, any two even more and if three then put your seat belt on. If you think none of the three will happen then you better sell now. CXU is cashed up and well run, if they need more cash later then I am sure we will assist again if asked.
CXU Price at posting:
5.1¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)