CMR 0.00% 15.0¢ compass resources limited

mt fitch uranium downgrade, page-3

  1. usp
    449 Posts.
    Thanks guys for the Huntley info.
    What's got me completely confused in current markets is that uranium isn't so important anymore. The market treats it as a manufactured bubble and a joke of the past. Suppose we'll take some > 4.6 hits and keep them in the back pocket because our Government now doesn't seem to talk much about it anyway.
    Unless the plant design and it's process and the grades that are JORCed to go into it have a big problem - therein must explain the chart - projected outcomes at current metal prices cannot be anything other than huge. Copper's strong over $3, Nickel's OK at $12 and Cobalt's looking for $50 any day now.
    FIIK
 
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