GREY:SXRZF - Post by User
Comment by
wanneon Oct 31, 2007 8:38am
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Post# 13723150
RE: Re : more things why ppl should not overblow
RE: Re : more things why ppl should not overblowmore things why ppl should not overblow the news.
this is actually not a cut from ongoing production (that would be a desaster i admit),its just a cut from future production predictions but
there is STILL production growth in excess of 100% with more upside when the acid thing is resolved.
this production growth comes from a company that is still in startup mode for a product that is in extrem shortage in the coming years,dont forget this ,this is awesome imo.
as another poster mentioned,it looks abit odd why the company failed to secure the acid in advcance but you have to remember that kazatomprom will suffer the same problem so you can assume that they will look for the fastest possible solution in this case.
and again,uuu will still produce a big amount of U if you compare to other puplic listed producers you can buy in todays market.
if 4.6mln pounds is not enough for you you really should think about selling the stock and buy something else with more production and a lower sales price per pound. (just look what cameco got for their U)