EPM 0.00% 0.6¢ eclipse metals limited.

Ann: Update on Divestment of Northern Territory Projects, page-62

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  1. 3,539 Posts.
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    This Citi report for uranium price has been retweeted the below snippet was most relevant.

    "Analysts at Citi remain tactically bullish on uranium in the near to mid-term, with projections indicating a potential price rebound to $98/lb later this year.

    Citi has adjusted its uranium price forecasts in response to the recent market softness. The analysts now expect uranium prices to average $94/lb in 2024, with potential upside momentum during the third and fourth quarters.

    Looking further ahead, Citi forecasts uranium prices to average $110/lb in 2025, reflecting continued bullish sentiment driven by the increasing demand for nuclear energy."



    checks out from other sources (though not as optimistic for 2025).https://hotcopper.com.au/data/attachments/6393/6393062-bc66fe76007a7b8b6f86cedc8959d972.jpg
 
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