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I know they have fixed price contracts but when it comes to...

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mugsley

6,616 Posts.

13/04/16

14:47

Post #: 17493706
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Originally posted by FarmerOscar ↑

i don't think quasar would be concerned about the spot price.

i think any uranium buyer would be very interested in securing an ongoing supply of uranium from a mine like four mile.

i have discovered info from a retired senior uranium mining engineer that is very impressed with four mile production levels.

this mining engineer is no average bloke. he is responsible for inventing mining techniques that has unlocked billions of dollars worth of resource.

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I know they have fixed price contracts but when it comes to renewing the contract a low spot price would affect the long term contract price. The lower it goes the better for this disgruntled former AGS shareholder. I'd love to see the price back down at $10/lb.

No surprise there FO, we all know B4M would be one of the best uranium mines in the world.

I think you keep forgetting that AGS don't have any stake in B4M anymore? It's all over buddy

We were shafted big time!

Last edited by mugsley: 13/04/16

AGS Price at posting: 3.2¢ Sentiment: None Disclosure: Not Held
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