Spot market is less than 10% of the uranium market so it has very little impact on sales for most U companies.
Jump onto Paladin (PDN). They have long term contracts closer to the current long term contract rate of around $90. Cameco the worlds biggest product i believe have most of their existing legacy contracts at closer to the spot price of $57 and they are still making big profits, so hopefully PDN should be doing well also.
negative newsflow continues for uranium, page-9
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Last
$10.14 |
Change
0.080(0.80%) |
Mkt cap ! $3.031B | |||
| Open | High | Low | Value | Volume |
| $10.39 | $10.54 | $10.10 | $13.51M | 1.311M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1928 | $10.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.16 | 990 | 1 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |