???
Spot U is now 133 !!! (check URANIUM thread).
Jan 08 U is now 150.
Reckon anything around even half a lb / tonne is soon gonna be do-able if theres enough of it.
Check also this current bit ex kitco re Russian view :
---------------------------------------------------
And one more plug for dear uranium?
"A top Russian nuclear expert said Monday the world price for raw uranium may continue growing at the same pace as in past years, driving prices up at least 10 times more. "The price of raw uranium has grown 15 times in the past years, from $20 to $300 per kilo. I think it may still grow by another order of magnitude," Yevgeny Velikhov, head of the key Russian nuclear Kurchatov Institute, told a RIA Novosti news conference." Click
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Seriously bros, whilst u guys keep talking about the bread and butter at Molyhill, I only have eyes for the glowing CAKE at the OLD U-GROUND which probably would have been the subject of intense U-focus back in the 50s save for the end of Oz-contract with the nuke boys back then. U aint no longer talking 8 bucks a lb when such projects were shelved before they even had a start.
And seems to me it will be going up in regular INCREMENTS of that from here for a few years to come.
If this baby sniffs a find or more, watch the scramble to get set given the location for starters. I am starting to get really excited here and need to toss out any negative vibes I may have about piddly issues like "management" and such. We aint talking dark Afro-land here, we are talking about the NORTHERN TERRITORY OF OZ which by my reckoning, is still the ONLY PLACE IN OZ where the U-friendly FEDs have the unencumbered sayso.
THR in my eyes is a FREE CALL OPTION ON URANIUM and thats how Im gonna play it. CHEAP.
Sory fo ma speling bros haha.
Zeus be PRAISED !!!
IMBOOC
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