I think that people are underestimating the impact that the coup in Niger is going to have on the U price. Niger accounts for 7.5% of global mine output, and it is one of the most inaccessible countries in the world. The only commercially viable route to export Niger's U is via Nigeria, which has recently made it clear that it is going to honour its treaty obligations to the previous regime and other neighbouring countries to sanction Niger's new military dictatorship.
Remember that pricing is determined at the margin, and remember what they said in Econ101 about what happens when a supply restraint meets inelastic demand.
Obviously, the relationship between U and the SLX sp isn't 1:1, but the ingredients are now there for the U price to shoot the lights out, and that on its own is going to KO the 4%+ of our share register that is shorted, then think what is going to happen to our SP when those shorts need to be closed out.
Finally, note that this extremely plausible scenario doesn't require one single positive stock-specific development.
I think that we could very plausibly see a doubling of our sp without any announcements whatsoever.
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Nuclear Power Related Media Thread, page-4017
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Last
$4.34 |
Change
-0.100(2.25%) |
Mkt cap ! $1.033B |
Open | High | Low | Value | Volume |
$4.54 | $4.61 | $4.32 | $3.963M | 895.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 16533 | $4.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.39 | 3059 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1162 | 4.310 |
1 | 338 | 4.260 |
1 | 1185 | 4.210 |
2 | 22090 | 4.200 |
1 | 1130 | 4.180 |
Price($) | Vol. | No. |
---|---|---|
4.410 | 28344 | 1 |
4.520 | 571 | 1 |
4.560 | 800 | 1 |
4.570 | 11982 | 1 |
4.580 | 25000 | 1 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
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PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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