how the world is right now and where spot should be look back to the 70s
history repeating
high inflation
war with Iraq and Iran ( Russia & Ukraine )
oil embargo with the Middle East ( critical mineral ban )
oil price per barrel in 1973 $2 in 1982 $30 the birth of opec in 1974 ( birth of uranium )
oil shortage and fuel rationing ( sorry no petrol )
uranium price well over $40lb for long sustained period
well over $200 if adjusted for inflation with a much bigger demand on the horizon
food for thought
imo
Ann: Peninsula Strengthens Sales Contract Portfolio, page-20
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.8¢ |
Change
0.008(7.50%) |
Mkt cap ! $334.6M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.8¢ | 10.0¢ | $782.8K | 7.426M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1519422 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 8522255 | 79 |
View Market Depth
| Last trade - 12.29pm 26/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |