re: pdn - jim sinclair on uranium A very positive read,interesting point made by Neal Froneman CEO of Aflease,"If we believe that uranium is in a bull market,then the price will not remain at $15.50 per lb.I believe that the price will rise to at least $30 per lb within 2 years"."An upside break above $16 will trigger a technical buy signal for uranium with a short-term target of $24.Once $24 has been exceeded,there is no resistance until $43 per lb is reached."Another interesting point,current annual DEMAND for uranium is running at 155m lbs per annum (excluding growing usage by China and the old Soviet Union)compared to current SUPPLY of 94m lbs.
Thanks Tez.
fired up, page-15
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Last
$13.98 |
Change
0.810(6.15%) |
Mkt cap ! $4.179B | |||
| Open | High | Low | Value | Volume |
| $13.93 | $14.28 | $13.83 | $47.88M | 3.408M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $13.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.98 | 6031 | 2 |
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