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Ann: Change of Director's Interest Notice - G Bittar, page-3

  1. 4,166 Posts.
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    If you call a 9.4% drop in the face of a decent market purchase by the CEO, interesting, then I guess that you are correct.
    Of course, this is a knee jerk reaction to the Trump tariff schedule with 34% applied to Malawi. We do not know the terms of the off-take agreement with PSEG Nuclear LLC for nearly all of the production from Kayelekera and whether the contract price is pre/post tariff but hopefully it is pre-tariff.
    Maybe the company will give some clarification soon.

    In view of the limited U3O8 production in the US, and the increasing demand from other countries (especially China), I would think that the US will have to meet the cost of the tariff without the international price being pushed down to compensate. At least until Trump can get US production meeting US demand going forward, which is going to take quite some time.
 
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15.5¢
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