re: whats going on - turcin
1/4 report stated output up slightly which is great
What I found disappointing was the revelation that they acheived a price of just US$16+ per lb while spot is in excess of US$36 Clearly their forward selling or fixed contracts have totally isolated them from the move north in the price of U I have contacted them to ask how long into the future they will have to suffer US$16+, but as yet no reply If they were getting anywhere near spot prices they would be $30+ sp Ah the joys of safety . . . NOT
ERA Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
