Uranium Week: Rally Stalls

Uranium Week: Rally Stalls

This story features BOSS ENERGY LIMITED, and other companies. For more info SHARE ANALYSIS: BOE

After a month-long surge on speculative buying, the spot uranium price pulled back last week.

-U3O8 spot price falls -5%
-US senators move to ban Russian uranium
-Honeymooning in South Australia US Republican senator from Wyoming, John Barrasso, ranking member of the Senate Energy and Natural Resources Committee, was joined by three more Republican senators from Wyoming, Kansas and North Dakota last week in introducing legislation to ban US imports of Russian uranium."The time is now to permanently remove all Russian energy from the American marketplace," said Barrasso. "While banning imports of Russian oil, gas, and coal is an important step, it cannot be the last. Banning Russian uranium imports will further defund Russia’s war machine, help revive American uranium production, and increase our national security."The bill refers to uranium ores, natural uranium, enriched […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet