UxC.com has U price at $60.50
"China nuclear body recommends 2020 target of 70 GW"
http://www.reuters.com/article/idUSBJI00247420101124
This sort of news helps as well. Every extra GW of nuclear energy consumes c195t U308 per annum (that excludes start up consumption).
If my maths is correct an aditional 40GW of power will need 7,800t pa of U308. 17m lbs plus per annum. Explains recent reports of China stockpiling.
All else being constant the macro picture continues to improve for BMN.
UxC.com has U price at $60.50"China nuclear body recommends 2020...
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Last
$2.60 |
Change
-0.390(13.0%) |
Mkt cap ! $457.0M | |||
| Open | High | Low | Value | Volume |
| $2.76 | $2.79 | $2.55 | $3.706M | 1.410M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6567 | $2.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.61 | 7988 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| BMN (ASX) Chart |