With Uranium at 45 dollars a pound its not feasible to mine as i understand it. You're right, CZQ has a massive deposit but it's in shale and low grade.
But, if the crystal ballers are right and the Uranium price increase with the world shortage, then we should see some fireworks.
Patience is the key here. It wasn't that long ago we saw U prices at 130 a pound.
http://www.uxc.com/review/uxc_PriceChart.aspx?chart=spot-u3o8-2yr
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $138.0M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $60.66K | 376.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12903 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 36060 | 2 |
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| Last trade - 16.10pm 03/07/2025 (20 minute delay) ? |
| AEE (ASX) Chart |