ACB 0.00% 6.8¢ a-cap energy limited

Morning :) Still holding here. U308 prices have been grumbling...

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    Morning Still holding here. U308 prices have been grumbling along the bottom and are just starting to look like getting a bit of life back. But it is very slow...!

    The biggest problem is that U308 price - it is bad enough for companies that are already producing, like Paladin. But for a company like ACB, there is the capex to worry about in order to get the deposit up and running as a going concern. And that won't be an economic reality until the U308 price starts to accelerate upwards.

    It's going to happen, but it sure seems to be taking a long time.

    Meanwhile, my parcel of these is just sitting quietly in the corner of the portfolio, and booked to stay there for the long term. And I mean the REALLY long term.
 
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