OTCQB:UEXCF - Post by User
Post by
MegaMAxTZon Sep 13, 2021 11:02am
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Post# 33848373
Uranium at $ 12.50/Ounce - So what is wrong with that......
Uranium at $ 12.50/Ounce - So what is wrong with that......If you think about it, what is the big deal of Uranium going up to $ 12.50/Ounce from the current $2.80/Ounce ?? That is about $ 200/LB.
Gold is at about $ 29,600/LB
Silver is at about $ 448/LB
Uranium at $ 200/LB - Uranium miners all in costs are say about $ 65/LB give or take.
Selling something at $ 200 if it costs you $ 65 is a good margin but I can assure that many tech companies have margins way in excess of this....
Cameco and others - listen - you guys need to learn how to sell.
I would say powering the planet with about 11 % of it's electricity is pretty important - especially baseload Carbon Free power.
So $ 200/LB - next question...
MM