The $5 high for SLX in Feb should be tested today!
"Russia Uranium Supplier Warns US Clients to Brace for Export Ban
Without the waivers in the legislation, a 20% increase from the current enrichment spot price of $152 per separative work unit to a record high $180 per SWU is possible, according to Jonathan Hinze, president of nuclear fuel market research firm UxC LLC. Enriched uranium is measured in separative work units, or SWU, which account for the volume and enrichment density of the radioactive metal.
“But if there is an immediate ban it could be even more extreme,” Hinze said. “There are very limited supplies available.”
"
SLX via GLE was always going to be a winner. How much faster is only dependent on the price incentive to get GLE up and running faster.
https://www.bnnbloomberg.ca/russia-uranium-supplier-warns-us-clients-to-brace-for-export-ban-1.2011820
Investment thesis, page-23
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Last
$6.13 |
Change
0.090(1.49%) |
Mkt cap ! $1.452B | |||
| Open | High | Low | Value | Volume |
| $6.08 | $6.25 | $6.04 | $2.495M | 406.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1443 | $6.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.16 | 1718 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
$6.12 |
Change
0.090 ( 2.00 %) |
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| Open | High | Low | Volume | ||
| $6.10 | $6.25 | $6.04 | 96994 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| SLX (ASX) Chart |