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DLC Charts, page-149

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    Results are coming out. Guessing higher 7000+ U count as it is above tolerance at the lab. Also note the sizeable tenement and U project size and the country it is located which is the US plus close to all processing infrastructure.

    If you are thinking short term then what goes up will go down however in an up trend.

    Also note that they are sampling and flying helicopters/drones to assess the area as well so the fundamentals keep on driving the valuations up.

    Also consider that the U spot price may have a crack above $50.8 per pound which is recent 7 year high. Above $60/$62 per pound there will be a big scramble across the markets as this number makes projects commercial. A rising U tide lifts all boats and this time round I believe it is sustainable due to decarbonisation of our industries.

    Considering the above scenario any ST sells may result in lots of regrets if you are not looking at the Fundamentals to play out. Might even have a crack at 10c if the stars align.


 
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