buyers will not sell now?
Predictions? By the end of the month the uranium price could have put on another 10-20% now the Spruit/Denison JV have laid down the gauntlet to users of uranium, and if that was the case would you be prepared to sell your WMR shares! Every dollar rise in the U price adds over $1 billion to its in situ uranium value at Olympic Dam and Yellerrie!
To summarize (a big call I know): WMR will NOT be taken over but will be held by a number of investment funds and smart DIY super funders who will not be willing to part with their share of a stock that will perform despite the continueing downturn of the global economy! Bulls are hard to find going forward!
