Been in and out of this one a few time and skimmed a bit of coin off it, however, still watching.
The turnoff for me was always wondering how much ore there was to feed their acquired mine in C&M, let alone the price of Uranium to be on the good side of AISC.
Fast forward a coupla years where the radar has picked up what's going on in Niger, Africa.
The natives be kicking out the French colonisers and pushing back on the US after deposing the West's puppet a few days ago.
Word has it that Niger sourced uranium is responsible for the supply of around 34% of Uranium consumption in France and 25% in EU, and pillaged by the EU.
It's looking like the highway robbery of Niger is about to come to an end and that uranium possibly headed to the East(china's reactors currently in construction), with standing hatred for the west.
Could this be a catalyst for another jump in Uranium prices?... and a bit of action on the ground with this stock?
Just a few thoughts...
Niger
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Last
44.5¢ |
Change
-0.005(1.11%) |
Mkt cap ! $814.8M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.0¢ | 44.5¢ | $579.2K | 1.285M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 119629 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 125000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
45.0¢ |
Change
-0.005 ( 0.22 %) |
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| Open | High | Low | Volume | ||
| 45.5¢ | 46.0¢ | 44.8¢ | 606178 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| LOT (ASX) Chart |