i agree by 2010 things will look bad...but in the next few years the bubble is going to get bigger...then we can always jump off ... not many mining projects will be able to get off the ground so quickly takes along time - especially with all the red tape surrounding Uranium.
Anyone that can produce in the next few years will be able to lockin longterm contracts at very attractive prices IMO.
Zinc is another example...everyone was predicting all these mines to come online and they arn't and stockpiles are dropping off the face of the earth with no new significant discoveries coming online anytime soon.
i agree by 2010 things will look bad...but in the next few years...
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Last
$60.90 |
Change
-0.470(0.77%) |
Mkt cap ! $11.80B | |||
| Open | High | Low | Value | Volume |
| $61.08 | $61.08 | $60.58 | $14.59M | 239.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8 | $60.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $60.92 | 16584 | 6 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |