None of this matters in a supply constrained world. The next 2 years will see the start of another uranium boom. China alone has made the comitment to build 150 new 1GW plants by 2035!! While supply is currently already in deficit to 50million pounds per year. And this doesn't include SPUT sequestering 25-50million pounds per year, nor Japanese restarts.
The global, marginal pound cost is $75-85/lb.
There are only a handful, permitted projects on earth. VMY is one. At $75/lb, VMY prints money. As DYL's takeover attempt shows, VMY has enormous intrinsic value.
And none of this includes Alligator.
- Forums
- ASX - By Stock
- VMY
- VMY undervalued
VMY undervalued, page-268
-
- There are more pages in this discussion • 85 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VMY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online