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6.2¢ global uranium and enrichment ltd

Agree, forget raising until we've gone through $70/lb and...

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Oceanmark25

207 Posts.

62

14/09/23

10:24

Post #: 69853715
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Originally posted by Zxc: ↑

Closer to 50mlb and there is scope to increase that significantly to 90mlb if they can negotiate with the JV partner who controls the other half.

There is no point doing a big raise at these prices in a depressed market to fund a drill program that likely won't get any traction with the market. How many Uranium names have you seen go backwards after drill results?

I think they are better trying to progress the US assets as they are the most advanced and already have a large resource.

Meanwhile Uranium sentiment is taking off and overnight the spot price has run hard so expect a big day for equities today. A rising tide lifts all boats and that is definitely true for Uranium stocks.

Enrichment is the blue sky potential that could be a company maker that dwarfs the mining side, we just have to wait for newsflow on that one.

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Agree, forget raising until we've gone through $70/lb and rising. OKR has a significant resource and i think we are about to see some serious movement in the share price due to this. Hopefully management have learnt a few lessons from their past mistakes.

OKR Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
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Last 6.2¢		Change -0.008(11.4%)		Mkt cap ! $16.47M

Open	High	Low	Value	Volume
6.8¢	6.8¢	6.2¢	$32.72K	512.8K

Buyers (Bids)

No.	Vol.	Price($)
1	300000	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.3¢	20000	1

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No.	Vol.	Price($)
1	300000	0.062
2	132786	0.061
2	60312	0.060
3	101900	0.059
1	15000	0.056

Price($)	Vol.	No.
0.063	20000	1
0.064	35000	1
0.067	100000	1
0.068	2500	1
0.070	130963	3

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