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Jaat308

3,107 Posts.

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19/07/22

21:31

Post #: 62617135
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Originally posted by Jaat308: ↑

I’v speculated on Cxu and treating it like a term deposit 2-5 years and when it matures will be many many multiples from current price at a cap $4m with 31mlb of jorc uranium resource which cost $15m to develop and is low cost shallow and easy on the environment
we have explorers 5-6x bigger trying and digging that have nothing to brag about and Cxu has been there and done that
and is sitting on the goods

there are many possibilities for the current gov to flip the spot price moves north will be hard to ignore the economics of it
a push from big brother the US asking for Australian help as they distance themselves from Russian origin supply
a bigger player swoops wanting to expand and is in no hurry or a change if gov ?

at the current cap value I can wait !

IMO

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This has been going around today and posted on other threads that there is a secret uranium meeting in the US tomorrow
how to distance themselves from Russian origin supply and rely on there own back yard and friendly supply !!

CXU Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $14.61M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
3	550269	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	415167	5

View Market Depth

No.	Vol.	Price($)
2	400269	0.011
10	4005021	0.010
8	1481777	0.009
4	2065000	0.008
15	10567881	0.007

Price($)	Vol.	No.
0.010	415167	5
0.011	775000	3
0.012	1450000	3
0.013	1023255	3
0.014	898230	2

Last trade - 09.52am 18/06/2025 (20 minute delay)

CXU (ASX) Chart

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