Still a great story but with investor risk appetite falling off in concert with the spot uranium price, all uranium stocks are taking a hit. Long term uranium price is still looking around US$95/lb which isa great outcome. Problem with uranium stocks (except ERA and PDN) is that there is such a long lead time to production and earnings for some of them (not all) that they are a bit of a promise of things to come. At least with WHE, good address, good people and the prime assets are out of Australia where you still need a legislative change which isn't a gimme
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Still a great story but with investor risk appetite falling off...
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Add SO4 (ASX) to my watchlist
Currently unlisted public company.
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SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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