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Can anyone stop Aeturnum selling its 20% shares?
What happen if Aeturnum decides to slowly drip selling down its holding,? Any selling price above 0.9p makes a handsome profit.
More cash might have be wasted on the failed Aeturnum fiasco.
Next quarterly report will provide better picture on cash and burn rate
The market knows that ARS is desperate for cash to stay in business as a going concern.
Is ARS in the position to chose who put food into its begging bowl?
Quite the reverse, Aeturnum may pick up another 20% below 1p in next placing.
In March this year, Aeturnum bought 20% of ARS for $4m.
Now it claimed KSK is worth $500m.
Difficult to buy shares, I have to pay 47p when bought 70,000 shares last week, 2p higher than the ask price.
If contracts deliver as promised, every chance to make a decent profit.
Delist UK share listing.
:-))
Sorry, meant to say, 2020 steady state production is not far away.
Only recently, some II bought large chunk of shares from another II who wanted out.
I am sue the buyer did appropriate DD before parting with their cash, I share their confidence, my shares are locked away in bottom drawer, 2021 is not that fr away, I can wait .
All potential producer needs permits, there is never guarantee it will get it.
The regional government took a decision based on existing rules and regulation, unless the Central government pass a new law, it will come to the same conclusion.
Risk vs potential ROI, for those who can't risk it, ADIOS indeed!
Why would Bky issue a RNS basing info from an article published by Bloomberg?
If it does, it really miss leading the investors.
Tell me which company does that?
:-))
Just did a 20K BED and ISA top up for wife's account Hope I make her some money in a couple of years time.
For uranium price to go up drastically, one or more of follow need to happen: 1. Kaza to cut prodcution by another 20 to 30% 2, Cameco to close its suspend mine for good 3. More major uranium producers go bust. The longer the uranium price stay slow, the more chance these will happen. I will be patient, I invest in BKY for cap growth and income, either or both be great, 2020 be a good year for me!!!
A side show for long term investors counting down the days to production, why so serious? Do your research, trust your judgement, what happen will happen, production is financed, I for one will just lock my shares away and wait for the good time to arrive. :-))
https://gbtimes.com/china-build-30-nuclear-plants-silk-road-countries Happy BKY in 2018 !!!!!
Full blow sector destruction in 2018, will be fairy spectacular! U price fails to rise above $40, few more loss making producers gone bust. Cameco's temporary shut down succeed in making these Canadian tax authority to impose a smaller fine but business still face uncertainty despite a drastic corporate strategy review, it's survival beyond 2019 is unclear. KAZA, delcaer another 10% cut in 2019, utilities finally come to its senses and willing to pay more for uranium spot and LTC. Uranium price rise gaining momentum late 2019 and surge to historic high in 2020. 2022 and beyond, more zona7 found by BKY, TOP 5 producer in world ranking, it's long term investors congratulate themselves for their wise investment, share price multiplied and dividend on the rise! Good luck all, AIMHO , We can be extremely lucky here!
https://www.neweurope.eu/article/kazatomprom-head-says-uranium-price-hinges-producers-market-players/ It was KAZA who continues to flood the market with cheap uranium after the Japan nuclear disaster, now it suffers its own irresponsible intention of market share grab. It miscalculate agian that its most recent production cut is enoough to prompt utilities to come out of their comfortable hiding to drive u price higher, very wrong. Too little too late, 90% utilities are covered till end 2019, a deeper cut in supply is needed to drive u price higher. No immiadiate concern to BKY, fully funded to plant commission, production in mid 2019, profitable at today low u price, if all progress to plan, we are in prime position to enjoy the full benefit of sector destruction. Happy, healthy and proerous 2018 for all here! :-)) :-)) :-))
added few more cheap shares to its holding!!!! keep moping them up!!!! :-))
http://www.asx.com.au//asxpdf/20171212/pdf/43q2tb8k6610vc.pdf