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All this messing around with the spread is BS, every time i look at the Bid it's stuck fast at 13p.
I'm getting a bit perplexed by it myself ColinL1 tbh, I just put it down to the fact that YCA is purely a physical uranium fund so the sp will inevitably track the spot price, GCL holds a basket of miners, out of their top 5 holdings - although advanced projects & a restart, 3 of the companies aren't currently producing any uranium. It's my understanding that the market is still waiting on higher spot prices and then term contracts of +$80/lb to start being signed.
Guv999 & his mates gearing up for another pump & dump? Just don't get left holding the bag.
I'll be glad when Aura is taken over, it's obvious the market thinks Aura haven't got what it takes to bring the assets online. Heard Rick Rule commenting recently that these juniors just don't have the economies of scale and M&A's can combine assets while maintaining only one set of general administration rather than two which lowers the general administrative costs relative to assets under management or prospective cash flows.
Well Botak, I just hope the team behind $yellow are more compotent than the clown show Redfox Labs with their cheap labour devs in Vietnam that totally destroyed the Gibraltar NFT project, why was the project even launched on crappy WAX? It's a shame those of us who still own the worthless junk can't burn them on Wax to Mint on BTC/Rootstock.
Spot on Veteran, £12m marketcap yet arrogant greedy Gross keeps taking $500k a year ($250k salary +$250k bonus) What's the bonus for? I must have missed the part where shareholders received their special dividend.
Bonus, a noun - something given or paid in addition to what is usual or expected.
Gross gets his bonus each year irrelevant of the circumstances, he'll even sell off Bell shares to fund it.
According to Quakes on X, Uranium ETF's URNM & URNJ have been dumping large amounts of the shares they hold in uranium miners to raise cash for the year end dividend they pay out.
Spot now at $88 ask, the dip looks like it's been bought up in the US and the FED is pivoting to dovish, hopefully we'll start to move up here.
So they got rid of Richard Sherman then, what an absolute waste of time rns, how much does an rns release cost? Was it worth it for yet another nothing burger? Reeks of desperation, so sick of Gross and this share after being In for years and hearing all the BS, promises and predictions that come to nothing. Guident comes across as a big load of nothing as well, manufacturing shock absorbers & award winning driverless car monitoring centres my ass.
Maybe a special dividend to share holders wouldn't hurt while a bull market was in full swing, could actually pull in more punters but as you say, KR1 building big war chests to buy into new projects is preferable to the funds being used on regular scheduled dividends especially when this year's hot projects can soon tumble down the rankings as new projects emerge.
As if Cliff will drop Lucyd, just look at Tekcapital's X profile banner of his lad at Nasdaq, Tek is Cliff's personal atm and Lucyd has been set up as Harrison's. Once Lucyd have burnt through their current funds while generating next to nothing - Cliff will be rattling the tin once again to pay everyone's salaries and his yearly $250k bonus,.
Maybe the potential for a powerful reversal is growing Seaman but that's of little consolation to those now heavily in the red and aren't in a position to average down, all while Gross pays himself a $250k bonus on top of his $250k salary.