Not sure why RIO would need to "take from LH", if it needs volume given where prices are doesn;t it work best to just buy in spot market from whomever is selling cheap ?
If you mean RIO buying 25% of LH given the problems PDN are encountering, wouldn't they do as little as possible to help PDN, and just see how weak they get, before they cut any deal ? Also not sure how appetising a minority stake in LH would be for RIO, particulalry if John B is still running the show and calling the shots.
In terms of Jabiluka, I agree it remains a fascinatingly huge long term option on the U price. Presumably the path to any possible consideration on Jabiluka is both a big increase in the U price and a method of mining that is least offensive to the Mirrar - which I presume would be underground.
I also presume that anything on Jabiluka is years and years away (5-10year minimum ??) so Deeps is a bit of a proving ground along the way as its timed to come online (assuming grades are proved and mining approval achieved) in aboput 2years - when U prices should have staged some sort of serious recovery.
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Last
3.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $863.7M |
Open | High | Low | Value | Volume |
3.7¢ | 3.9¢ | 3.7¢ | $5.366K | 140.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 54578 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 263570 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 54578 | 0.037 |
5 | 250041 | 0.036 |
6 | 324200 | 0.035 |
3 | 450000 | 0.034 |
3 | 581386 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 263570 | 4 |
0.040 | 400000 | 3 |
0.041 | 28000 | 2 |
0.042 | 51349 | 3 |
0.043 | 500000 | 1 |
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