I think the current uranium price is just fine - a couple of companies would probably make it now with the current price. The cost of met extraction for uranium deposits is not that expensive, even with Summit ehich is difficult would still make tonnes of cash
(a) Summit (def.)
(b) Bannerman
(c) Extract (with further exploration)
(d) Energy Metals (with further exploration)
(e) U3O8 with the Hinkler Well project tied in with a Nova processing plant
(f) Nova with Lake Way and Centipede projects
The rest would be very hard work and maybe they would need a crazy price at US$400/lb - but if it was that price, you could extract it anywhere
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$1.71 |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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4 | 83227 | $1.70 |
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Price($) | Vol. | No. |
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$1.72 | 45249 | 2 |
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2 | 11827 | 1.695 |
2 | 618 | 1.690 |
1 | 8362 | 1.670 |
2 | 4244 | 1.660 |
Price($) | Vol. | No. |
---|---|---|
1.720 | 45249 | 2 |
1.725 | 90755 | 3 |
1.730 | 27630 | 3 |
1.735 | 3000 | 1 |
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