Re Bidding WarI expect the first bid will come from the Chinese. They have a massive reactor build planned due to air quality issues that must be fixed pronto. The PTU find of .32% over 6 metres will need something much better to get any interest from a producer.
PLS stands alone as the most likely deposit to get developed first. All other deposits not yet developed, have a much higher cost and more problems to deal with due to deep ore zones.
I think the share price shakedown for FCU is almost over. The shares held by nervous investors probably have been scooped. I hope we see more normal trading at prices that reflect the value of PLS. Assays in progress will help firm up more realistic numbers for the deposit size.