Hold a few Cameco. Cigar lake move from Care and Maintenance back to production. Despite trying they have a active case.
Saskatchewan has a reasonably low 5 new cases yesterday so it may not be out of control.
Another cut is interesting to the U price "Orano said that while the company will not be able to make up for lost production over the course of the past months, they are aiming for 4.7-million kilograms of packaged production in 2020."
https://globalnews.ca/news/7353132/coronavirus-covid-19-mcclean-lake-uranium-mill-northern-saskatchewan/
Russia production?
"Kazakhstan to Stop Resuming Flights to Prepare For Global COVID-19 SpikeBy Assel Satubaldina in International on 2 October 2020NUR-SULTAN – Kazakhstan will stop resuming flights with other countries starting Oct. 5 amid the global spike in COVID-19 cases, said Kazakh Minister of Healthcare Alexey Tsoy at an Oct. 1 press briefing"
"The uranium industry is setting up for a classic commodity supply-demand imbalance, which should benefit mining companies in this space, writes McAlinden Research Partners." It seems unlikely the Uranium price can stay stationary for much longer.
uranium news, page-7
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Last
$1.53 |
Change
0.010(0.66%) |
Mkt cap ! $4.566B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.54 | $1.50 | $24.81M | 16.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 244659 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 87015 | 6 |
| Last trade - 16.10pm 10/04/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
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