EL8 10.6% 36.5¢ elevate uranium ltd

Yes seems somewhat exhausted.Germany down to 0.1778 AUD on lower...

  1. 523 Posts.
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    Yes seems somewhat exhausted.Germany down to 0.1778 AUD on lower volume (800 K)

    But no wonder after the recent run up.

    Lets wait what the days ahead will bring.

    IMO the real thrilling point is the resource update,probably 2 more weeks till the release.

    In the meantime we should get the Springbok results.
    But as they are primary uranium,they shouldnt be so interesting for AREVA.

    The real synergies for them are in the paleochannels (secondary uranium = same ore as Trekkopje)

    So IMO what is important here is that MEY will be able to publish something positive there,as this will be the probable basis for any possible take-over negotiations.
 
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