Price agreementAs I said, I have not seen the agreement. The news release, repeatedly posted here, is NOT the agreement. Having said that, the significance of a fixed price agreement for uranium between DML and Kepco would surely be a reporting highlight...but there was no such item reported. Most news releases are made by companies purely to support their own agenda and as a trader I disregard 99% of them because they are simply biased.
Now if there is a fixed uranium price between the 2 parties...a thinking person could then postulate how it might fit in to the uranium market as a whole. IMHO a fixed price would be very damaging for DML...and therefore the deal would nave been made for some very high level future financial event and has nothing to do with DML''s position as a uranium miner and producer.
So anyone from Denison mines who reads these posts...uranium price agreement yes or no?
Thank God I am not an investor (I am a trader). How the helll can anyone get a reading on what really goes on within the walls of the CEO's offices?
Cheers and good luck