SPUT is doing exactly what they are supposed to do and bought another 400K lb of Uranium overnight for a total of 1.4M lb this week! That is a rate of 70M lb per annum which is well over 50% of primary production or enough fuel for 3 reactors for a full year!!
They still hold nearly 8million in cash and are trading at a 5.7% premium so will be able to raise more $$ once again on Monday!
Keep hovering up those cheap pounds until there is nothing left. Once the NYSE listing comes through we are in for a big pay day !
92E Price at posting:
68.0¢ Sentiment: Buy Disclosure: Held
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