URA 5.56% 1.7¢ uran limited

i really believe that the czech deal is a done deal - however i...

  1. 4,058 Posts.
    i really believe that the czech deal is a done deal - however i would be surprised if the czech govt announced that they accepted urans proposal tomorrow. it will probably take a month or so to make it look like they have given it due time to think about it - despite the fact they have been in negotiations for over a year. why do i say a month and not the deadline on june 30th? because the government must take action as soon as possible so uran will have enough time to explore and expand the reserve base. i agree with cotik though that tomorrow may be a dumper day as again i suspect that the conference tomorrow will be 'encouraging', but nothing definite. either way im confident uran will produce this year and we are definetly talking multiples to the current market cap.
 
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