AGS 0.00% 17.5¢ alliance resources limited

(fundamentally puzzlingly) there is strong correlation between...

  1. 159 Posts.
    (fundamentally puzzlingly) there is strong correlation between the AGS share price and the spot uranium price. I'll post a chart if someone can tell me how.

    U spot price is currently testing three year lows again, and in the low US$40's is below the marginal cost of production.

    Hopefully this will help put a floor under AGS price, notwithstanding that the AGS price slide may continue for some time as Supreme Court issues persist and uncertainty increases.
 
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Currently unlisted public company.

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