Member Info for Playboy007

Your hypothesis is quite amusig Baht, but not as funny as Fosterites reply. In short, there is no comparison between deposits in the two regions. I am happy to bore you at length as to why, if you so desire.

Just stumbled across this and wondering if anyone can give me a heads up on what is happening? Thanks!

Whats with the flash crash to 38p? Can I have some more at that price?

Did spot price fall today? Does anyone have a link for live uranium price? The only prices I can find are weekly, but I have seen people posting daily moves. Denison is down 10%. Ps. Surely they should gave a timescale with contingency built in. If we have the funding in place, why are we not all systems go? Paying PA 150k a year for the next 4 years for sweet FA doesnt really appeal to me!

Look below. Cameco slashing output.

This adds to my nervous disposition: http://www.zerohedge.com/news/2017-10-16/get-ready-new-chernobyl-ukraine

I haven't had time to see if they have published any papers, but they seems to be implying it is economically feasible. http://news.mit.edu/2017/hydrogel-extracts-uranium-water-wins-madmec-1013

I guess I jumped in here a bit too early. Never mind. I guess the next year or so is the time to add here and accumulate ready for mine completion and uranium price rise. Aren't we expecting some exploration results? Or has that been and gone with no Zona 8 revelations?

Yeah I got 68p without the options. Hopefully, this will shoot up to 70p now. Great to have some good news.

PA is shifty as hell. I wish I'd listened to my gut. Berkley may be good, but I don't trust that guy one bit. His salary is ridiculas for what he adds too.

Denison mines is my other, but nexgen and fission look good. Btw H2 was meant to be Q2.

Financing was meant to be completed in H2. So I think that qualified as late. They were meant to do a JV on exploration and then a week later back tracked. They are trying to find another zona7, but from what I have seen there isn't one. When you combine that with the macro outlook, this is going down the toilet. Have a significant holding here and just wish I'd listened to my gut, never did like the look of PA. Does anyone know where he lives?

Yay, why is it so cheap? You already paid for it. What makes us different? We are literally pouring concrete at the bottom of the cycle. And other great PA one liners... Financing! I could give the bloody presentation and eat italien buffet. Want to pay me £150,000 a year? Thought not.

Agreed. I like pizza, but even that isn't enough to tempt me. Umm financing Paul!?!

Well if bky are commanding a premium, that is great news!

Hopefully, we will end the day up. Thanks for that Baht. Are BKY signing contract at above market prices? This site sugests the longer term contact price is $43, which suggests no premium. https://www.uxc.com/p/prices/UxCPrices.aspx

As far as I am aware PA got one offtake signed a while back. There was a quick backtrack on zona7 a little while ago, someone else exploring, no actually we are. No results of any kind. So the only thing I've really understood is that you guys think uranium will go to $60. I do agree, but what is profit after ongoing CAPEX and OPEX outgoings. What dilution have you factored in? How does that equate to a £1billion MCAP and £5 a share. Sorry I really don't mean to be rude or pedantic. Are you just saying that if/when uranium recovers this should do well?

Baht, would you mind sharing how you came up with £5 a share? Cheers.

Have you seen HUM? Looks good IMO.

Haha, I do realise that. If they crack fusion it would render fission redundant. Hence good for my investment, but bad for humanity. Same as thorium reactors really.