Pen a takeover target??? hoefully not atm.
https://maximeclermont.substack.com/p/the-uranium-thesis-explained
Long-time analysts, utility buyers, and mining executives are therefore wondering whether this is a real bull market or is this temporary. We will see the price of Uranium go back down. Therefore, to have a clearer picture in mind, given a quasi-fixed supply of mines for the next 24 months, the question to answer is how much secondary supply of Uranium can be sold to the market before we need more mine supply. I will be doing a full explanatory part on why 50$/lbs, but let’s say this is the important price to reach in a relatively short timeline to really fuel this bull market in uranium equities. So what is standing in the way of the current price to rise, you ask? Exactly the topic of today’s installment of the Road out of serfdom.
Pen a takeover target??? hoefully not...
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Last
10.3¢ |
Change
-0.008(6.82%) |
Mkt cap ! $222.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.0¢ | $876.0K | 8.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4740 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.5¢ | 2310 | 1 |
View Market Depth
| Last trade - 15.59pm 19/04/2024 (20 minute delay) ? |
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Last
10.3¢ |
Change
-0.008 ( 4.03 %) |
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| Open | High | Low | Volume | ||
| 10.5¢ | 10.8¢ | 10.3¢ | 4357051 | ||
| Last updated 15.59pm 19/04/2024 ? | |||||
| PEN (ASX) Chart |