Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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uranium deals prove most lucrative on nuclear
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These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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Metals & Mining SECTOR NEWS
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18 Jun 2025 LITHIUM UNIVERSE LIMITEDLU7 acquires global rights to transformative PV recycling technology from Macquarie University, targeting higher material recoveries from solar waste and backed by $1.7M in investor commitments. The technology... Read more
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I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
regards
Check out what the big money was doing during the fall.
http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D- *Removed* this post has been removed from public view
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The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!- *Removed* this post has been removed from public view
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A leopard does not change its spots, nor a tiger its stripes.
Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.- *Removed* this post has been removed from public view
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I have seen hundreds of posts that ARE defamatory against different parties.
My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.
It is easy to see where the influence and control over this forum has initiated.
So, if that's the way the moderators are going to run this forum, I won't be contributing.
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It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
PEN is very tradable, but not out of the woods by a long way imo.- *Removed* this post has been removed from public view
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I'm in the same boat having traded PEN from time to time.
It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
Shame on many of you.- *Removed* this post has been removed from public view
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I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.- *Removed* this post has been removed from public view
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There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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Do you have a 2.7 million deposit for a new home?
As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000
Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.
Feeling sick enough yet?
Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.
So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!
Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?
To make your appointment for Perthites, and just for a sick session for others:
http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829
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Oct. 25 (Bloomberg) -- Uranium takeovers are offering investors the biggest potential payoffs, less than a year after the partial meltdown of Japan’s Fukushima nuclear plant.
Hathor Exploration Ltd., the owner of a uranium deposit in northern Saskatchewan, yesterday traded 8.4 percent above a bid from Rio Tinto Group that topped an offer from Cameco Corp. That signals investors are now betting Hathor will extract the biggest price hike of any pending North American deal greater than $500 million, according to data compiled by Bloomberg. Kalahari Minerals Plc, which resumed talks with China Guangdong Nuclear Power Group after a takeover was derailed by Japan’s disaster, would now hand shareholders a higher return than the pre-Fukushima agreement, even with a 5 percent lower offer.
Japan’s nuclear crisis caused uranium to plunge 27 percent in three days to $49.99 per pound of U3O8, its tradable form. While prices extended their decline to as low as $48.75 on Aug. 30, they have since recovered 6.2 percent to $51.76, according to data compiled by Bloomberg. Photographer: Vladimir Weiss/Bloomberg
Hathor has become the target of a bidding war, while talks to buy Kalahari, which owns a 43 percent stake in the developer of what will be the world’s third-largest uranium mine, have reignited as energy demand surges in developing nations. China, India and Russia are still constructing or planning to build at least 125 nuclear reactors combined in the wake of the March 11 earthquake and tsunami that caused radiation leaks in Japan.
“The Chinese and other emerging economies are going to need uranium to power their nuclear reactors,” Rob Chang, an analyst for Versant Partners Inc. in Toronto, said in a telephone interview. “When you start seeing consolidation, it’s usually a sign of the bottom. Buyers, they’re trying to snap these assets up on the cheap. Investors would be well served.”
Today’s Trading
Kelsea Murray, a spokeswoman for Vancouver-based Hathor, didn’t respond to phone calls and e-mails seeking comment. Tony Shaffer, a spokesman for London-based Rio Tinto, declined to comment.
Hathor slipped 0.2 percent to C$4.49 at 10:49 a.m. in Toronto today, while Cameco gained 2 percent to C$21.33. Rio Tinto retreated 2.3 percent to 3,296.5 pence in London.
Cameco, the world’s biggest uranium producer, took its takeover offer for Hathor directly to shareholders after the companies couldn’t agree on a price. The proposal would give Hathor’s shareholders C$3.75 a share in cash, valuing the uranium explorer at C$520 million ($530 million), according to the Aug. 26 statement.
After investors pushed the stock as much as 12 percent above Cameco’s offer, Rio Tinto, the world’s second-largest mining company, trumped the proposal last week. Rio Tinto’s bid valued Hathor at C$4.15 a share in cash, or C$578 million, according to the Oct. 19 statement.
‘Have a Look’
“Investors thought that another offer would come and it did,” John Kinsey, a Toronto-based fund manager for Caldwell Securities Ltd., which oversees about C$1 billion in assets, said in a phone interview. “Rio had a look at it and said, ‘well, if Cameco wants it, maybe we should have a look at it.’”
While Hathor’s board unanimously recommended investors accept Rio Tinto’s offer, the stock closed yesterday at C$4.50 a share, 8.4 percent higher than the agreed price, signaling investors are still betting on a higher bid.
After the agreement with Rio Tinto was disclosed, Cameco said it was reviewing the announcement and would update shareholders “when appropriate” regarding its offer.
Murray Lyons, a spokesman for Cameco, today declined to comment beyond the Oct. 19 statement.
The companies are vying for control of Hathor’s Roughrider uranium deposit in Saskatchewan’s Athabasca Basin even after the worst atomic disaster since Chernobyl 25 years ago. Still, Hathor yesterday traded further above Rio Tinto’s offer than any other pending, agreed-upon deal greater than $500 million in North America, the data show.
Japan’s Earthquake
The magnitude-9 earthquake and subsequent tsunami that struck Japan on March 11 knocked out power and disabled back-up generators at Tokyo Electric Power Co.’s Fukushima Dai-Ichi plant, leading to explosions and radiation leaks as cooling water boiled away.
While Japan was hit by rolling blackouts, then-Prime Minister Naoto Kan called for the nation to end its reliance on atomic energy and imposed the first mandatory power savings since the 1970s. Nuclear energy provided about 30 percent of Japan’s electricity before the crisis.
Kalahari of London received a takeover bid for 290 pence a share, or 698.2 million pounds ($1.1 billion), from Guangdong Nuclear, China’s second-largest reactor builder, only days before the disaster. The proposal was 17 percent higher than Kalahari’s 20-day trading average when it was announced.
Extract Resources
A purchase of Kalahari would give Guangdong Nuclear a 43 percent stake in Extract Resources Ltd., which is developing the Husab uranium project in Namibia. The deposit is expected to produce 15 million pounds of uranium annually, which would make it the third-largest uranium mine in the world, according to Versant Partners’ Chang.
The Chinese “have recognized that nuclear power is a very important part of their energy strategy going forward,” Chang said. “Their plan is to just get direct interest in actual mines. Looking at the assets of Extract itself, it’s a fantastic asset and one of the best ones being developed.”
After the nuclear crisis slashed the value of Kalahari’s stake in Extract, Guangdong Nuclear tried to reduce its bid to 270 pence a share in May. The deal was called off after the U.K. Takeover Panel barred the company from lowering the price.
On Oct. 10, Kalahari said that discussions with the state- backed nuclear fuel producer had resumed and that there can be “no certainty as to the terms of any offer.”
‘Decades to Come’
“A company like Guangdong Nuclear isn’t looking at uranium over this year or next year or the near future,” Edward Sterck, a London-based analyst for BMO Capital Markets, said in a phone interview. “They’re looking at securing uranium for decades to come.”
Kalahari is likely to seek a price similar to the 290 pence a share originally offered, while Guangdong Nuclear may push for something lower, Sterck said. Representatives for Kalahari didn’t respond to a phone message or e-mail outside normal business hours. Guangdong Nuclear representatives couldn’t immediately be reached for comment.
Even if Guangdong Nuclear were to offer 5.2 percent less, or 275 pence a share, it would give shareholders a return of 17.5 percent to Kalahari’s 20-day trading average of 234 pence a share before today, data compiled by Bloomberg show. That would still top the 17.3 percent premium in the original bid.
Kalahari’s shares slipped 1.8 percent to 236.75 pence today in London.
Uranium Prices
Japan’s nuclear crisis caused uranium to plunge 27 percent in three days to $49.99 per pound of U3O8, its tradable form. While prices extended their decline to as low as $48.75 on Aug. 30, they recovered 6.2 percent to $51.76 through yesterday, according to data compiled by Bloomberg.
The Global X Uranium ETF tumbled 61 percent after the earthquake through Oct. 3 before rebounding 30 percent as of yesterday, data compiled by Bloomberg show. That’s left the median company in the exchange-traded fund valued at 1.04 times net assets, down from 2.68 times on March 11, the data show.
A softening of Japan’s stance toward nuclear power may help bolster uranium prices. Yoshihiko Noda, who replaced Kan as the nation’s prime minister in August, said in a policy statement that the country will “guarantee the stable supply of power by utilizing nuclear plants after confirming their safety.”
“Most forecasts would suggest that even though we had a pretty severe event like Fukushima, there’s still growth expected in nuclear power going forward,” said BMO Capital’s Sterck. “The main growth drivers pre-Fukushima being China, Russia, very Southeast Asian countries and possibly India --they really haven’t changed.”
Additional Reactors
China, the world’s biggest energy user, has 27 nuclear reactors under construction and 51 more planned, according to the World Nuclear Association’s website. India has six under construction and 17 planned, while Russia is already building 10 with 14 more in the pipeline.
Of the 350 additional reactors that have been proposed worldwide, China accounts for 34 percent.
“Longer term there’s going to be demand” for nuclear power, Caldwell’s Kinsey said. “It’s not a matter of if, but when.”
To contact the reporter on this story: Tara Lachapelle in New York at [email protected].
To contact the editors responsible for this story: Daniel Hauck at [email protected]; Katherine Snyder at [email protected]. -
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We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!
I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
Hmmm. That's my best conspiracy theory for now!- *Removed* this post has been removed from public view
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I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.
The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.
Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
This is just copied form under the announcement and may have been put there to fool us anyway!
30.3mt @ 1.7% CuEq
(0.8% cut-off) Measured and Indicated
97.9mt @ 0.96% CuEq
(0.4% cut-off) Measured and Indicated
272.9mt @ 0.62% CuEq
(0.2% cut-off) Measured & Indicated and inferred
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Right now, imo it's a buy.
What does that have to do with anything else?
Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper
If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?
It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.
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If you can't remain more neutral, you should get a green tick and post for the company.
You simply can't give a value on it without ALL the information.
Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.- *Removed* this post has been removed from public view
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No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.
However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,
Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.
Cheers
OI NQ , how they hanging?
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He was suspected of being Bendigo. Maybe the mods worked it out.
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:27 - 236 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529197 - in reply to msg. #529196 - splitview
piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:29 - 236 reads
Posted by bigdump
IP 210.49.xxx.xxx
Post #529199 - in reply to msg. #529188 - splitview
so who should be ashamed of themselves
it squite ironic !
Isn't talking to ones self a form of madness
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:30 - 246 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529201 - in reply to msg. #529199 - splitview
fark u 2 fool ramper
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:35 - 242 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #529204 - in reply to msg. #529197 - splitview
diatribe...
Here are the posts you refer to "6 - 8 weeks ago"...
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Subject copper strike.. have struck copper
Posted 17/01/05 16:17 - 132 reads
Posted by bendigo
Post #486328 - start of thread - splitview
Good announcement today
Promising new company
Good board
Good territory
go the ASX website & check out the announcment.
Cheers
Bendigo
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Subject re: copper strike.. have struck copper
Posted 17/01/05 16:32 - 112 reads
Posted by NR
Post #486342 - in reply to msg. #486328 - splitview
all ready on them bendigo......awaiting further annonucements.......
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Subject re: copper strike.. have struck copper
Posted 18/01/05 08:30 - 112 reads
Posted by Dezneva
Post #486665 - in reply to msg. #486328 - splitview
Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.
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These were the first 3 posts ever on CSE.
Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."
Problem is, it was Bendigo he was replying to and not you!
How do you explain that?
Cheers!
The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:40 - 234 reads
Posted by Rocker
IP 220.253.xxx.xxx
Post #529215 - in reply to msg. #529204 - splitview
well picked up T4P
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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.
Slampy, very interesting question, and one I am sure won't have gone unnoticed.
Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.
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CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.
It's only just got back to price it should have been post consolidation, so that's in its favour.
Very little to sell, I like that, as it will move quickly.
Many won't have received the email yet as they're at work, etc.
Read more here.
http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO
Looks good for next week. Be prepared!- *Removed* this post has been removed from public view
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Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
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Open | High | Low | Value | Volume |
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