The worst part about today is seeing other ASX uranium producers (e.g. PEN, BKY) INCREASING in value, despite the collapsing spot! These companies have juicy off take agreements priced at 40c+, while we're flogging off our stockpiles for the absolute bare minimum price. It was total folly for Molyneux to enter Q4 completely exposed to the spot, particularly when the market is so brittle and the future of the company so finely balanced
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The worst part about today is seeing other ASX uranium producers...
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