Is a TO brewing

  1. 2,408 Posts.
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    The traded volumes recently are so large I reckon someone is building a stake so that when we get our " MEGA Resource Upgrade" they will step up to the mark and buy JORC Uranium in the ground ready to mine.
    At an sp of 1 cent the MC of FTE is only about $30,000,000.
    Say the resource upgrade is 30 million pound then $1.00per pound in the ground is very cheap.
    This is all IMHO but it believe it puts some rationale behind the large volumes traded.
    Good Luck all.
 
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