Per today's--apparently only $600MM --but nice to have around and already underway. Als osounds like type of project which should move rapidly.
True--but after 20-30 years. Historically it is not uncommon to see orders from the RRs up or down 50% in any given year.
Bounced off 30-21 support level 4X. Move over 25 on volume would create a very bullish chart. IF analysts are right on next year's earnings stock could be setup for a very powerful move.
It would be nice if the bufoons at Yahoo would fix the interactive chart. They don't respond to emails.
To make this stock work three things have to happen: (1) they have to keep costs in control (2) they have to get production cranked up to the new plant's design capacity and (3) zinc prices have to rise. Can't yet say much about the first,but latest production news is very encouraging and the ability to sell about half of the second half's expected production at $1.07 per pound vs a June price of $1.01 indicated that the market expects zinc prices to rise significantly in the near term.
I consider the stock quite speculative,but the outlook appears to have improved significantly.
Reported good quarter. Moderately bullish outlook. Interesting that there were no questions to mgt after their prepared remarks on the CC--this stock is pretty much a total unknown. No analyst bullshift in price equals low risk IMHO.
Prices ticking up a bit. LME holdings down about 1/3 since the Fall. I think that this might mean the bottoming of the stock unless more bad news re startup problems.
Canadian move to cut tank car speeds in urban areas means that more cars will be required to move the same amount of oil. Coupled with coming requirements for safer cars and need to retrofit existing cars means great taqnk car business forthe next couple of years even if new orders areminimal.
Agree near term earnings outlook looks good--that's why Iam here. However, I doubt that this is a long term play--this is a very difficult industry with low margins, low visibility, and little ability to benefit from any innovation on their part.
No company on this board. Guess I'll be the only happy campmer if KE breaks out of a double or triple top tomorrow. When the board gets crowded with boomers or bashers I'll be gone LOL.
Basically, I think you are right on all counts--but like yours mine is just an opinion. Nevertheless, it is a potential overhang of supply. And for the record and in response to the mindless response to this post from dr dr--I am long and wanting to buy more--but timing is everything.
Enough with the mindless and clueless bashers and bulls!! Does any one have any idea what happens if we do a deal with Iran and they give up their stock of highly enriched uranium? How much will that add to world stockpiles and how much longer will it #$%$ a move to higher uranium pricing? Anyone with facts welcome. Unsubstantiated opinions should put them back where they came from.
Just talked briefly with company. Some amall deliveries expected late this year, more next year, then ramping up over course of contract. Wouldn't give much detail on pricing but I gather that prices will be fixed on some sort of relation to both spot and long term prevailing in the market at the time. My take is no significant impact on earnings this year or next, but setting tone for good tailwind in future years and also indicative of belief, at least in the eyes of Indian govt., that uranium prices have bottomed--otherwise not wait till later for this contract?