Anyone thinking the price for Uranium is high needs to relook at costs for mining exploration, extraction and shipping.
The tailing requirements chart is even more spectacular. A closer look at a 12 month period leading up to highs shows some great increases and spectacular pull backs
Justin's comment re 50% fall in prior events shaking the tree of those not secure or confident in the long term view is worth considering I think
The 2 minute mark mention of 1 - 2 billion block possible buy via efts/funds or the opposite of redemption from URA show ying and yang perfectly.
The billions flowing into Solar, Wind, Hydrogen, geothermal and hydro or pumped hydro are all welcome. In some places that can work when storage is resolved well beyond the little 'big' battery money/headline grabbers. The billions+++ flowing in to Uranium is not short term money.
I have moved 25% of my capital to trading cash now. Psychology of fear and greed are an trading a opportunity. No chance I am moving much out of my overweight U happy place.
5km Park run with my pup took 35 minutes. My slowest ever. Very sociable chatting at that slow speed.
Ann: S&P DJI Announces December 2021 Quarterly Rebalance, page-7
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Last
$15.50 |
Change
0.610(4.10%) |
Mkt cap ! $4.626B | |||
| Open | High | Low | Value | Volume |
| $15.00 | $15.50 | $14.85 | $20.41M | 1.337M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 999 | $15.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.52 | 400 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$15.47 |
Change
0.610 ( 4.74 %) |
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| Open | High | Low | Volume | ||
| $15.09 | $15.48 | $14.86 | 264850 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PDN (ASX) Chart |