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.
The traded volumes recently are so large I reckon someone is...
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