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.
ACB Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held