re: just a wee thought Good morning EXT'ers.
Just a wee thought for today.
Has anybody factored in or completed some quick cals., on the increase in the price of U, as of this weekend ?
As this increase only adds to the bottom line of EXTRACT's 35mil pounds of planned extraction.
The constant increase and increase will now make the $70 price barrier look like a price of the near future. Then the 100 isn't too far away.
These increases in U prices will allow the cut-off grades to be reduced, surely ?
Which in turn will only increase the bottom line even further.
When viewers read/see, the buy and sell numbers available/demanded, please remember, that there is about 960shares, therefore to compair this to a stock with only 300mil available is not very smart, to me.
Therefore next time you look, cut the figure by the same percentage, as the stock you are compairing EXTRACT with. This will change your view completely !
Kind regards,
Barry
Disclaimer : I could be 1000% wrong, its your money, therefore its your problem, not mine. I like counting money.
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