URANIUM 1.02% $24.70 uranium futures

Have a look at Global Uranium (URA) chart, 3 weekly red candles....

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    Have a look at Global Uranium (URA) chart, 3 weekly red candles.

    PDN is a 'canary in the coal mine' test case. It had to quash speculation of a capital raising to stop the sell off in its SP. If it can't make money, no junior can in this sector.

    What happened to the megatonne program expiry of converting military grade U to N power industry? This was crucial pre and just post-GFC to maintain an economic U price for the producers to make some money. This is all from memory more than decade ago when I was all in U sector.

    I think you are banging on a dead sector based on the U spot/etf. There is progress in alternate energy source from coal, wind, solar, gas, snowy river 2.0 and perhaps battery storage industrial scale in the future.
 
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