Short Term Trading Weekend Lounge: 10 - 12 Sept, page-36

  1. 531 Posts.
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    Uranium. It's really taking off. URA up 8% overnight.
    https://hotcopper.com.au/data/attachments/3567/3567433-5c88348dcc45d8b51bc959f3a107be12.jpg
    This EFT comprises the best 20 producers and component manufactures from around the world.


    The monthly spot price and long term price are now identical at $34.25.
    Uranium Price - Markets - Invest - Cameco
    https://hotcopper.com.au/data/attachments/3567/3567437-82e191ca29693e1e354c4b787c11117d.jpg

    UxC are one of the uranium traders and have a weekly spot price. Up $6.
    https://hotcopper.com.au/data/attachments/3567/3567441-def95f1a6bff8fd861e30e6d2bb68d6e.jpg
    It's all getting closer to the price where restarting mines becomes viable.
    PDN have huge infrastructure on care and maintenance in Namibia.
    LOT bought a $200m mine in Malawi.
    BOE starting out in US, that makes it 10 years before income.

    Are there any other producers that can flick a mine start switch??? Thoughts.

 
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