My inderstanding is that Cameco cannot "lock in" a price for the next 25% of GLE. I have been told there is a formulae already agreed upon to set the value of the purchase transaction. At any given time ithe value is easily calculated. I imagine the formulae would include the price of uranium amongst other things
Bocky71 MGAS
SLX Price at posting:
$5.23 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)