GUE is #1 stakeholder in Ubaryon Enrichment tech, owning 21.9% of the company. Russia dominates the enrichment game, but with the U.S senate passing the bill to ban Russian uranium and enrich their own home grown uranium, GUE is in an incredible position for growth with any breakthrough in Ubaryons tech. All Ubaryons communication will be via GUE announcements. Uranium tech is very secretive for obvious reasons so they don't have a website and whats happening behind the scenes would be heavily guarded. This asset is what separates GUE from other Uranium hopefuls. Any breakthrough for Ubaryons tech will send a rocket under the GUE share price. It also puts GUE in the box seat to receive a large funding boost from the U.S government.
https://www.heraldsun.com.au/business/*/uranium-miners-still-have-eyes-on-sky-high-price-as-yellowcake-deficit-emerges/news-story/59762a1f019fd3f75e027037122966ed
Importantly, SMRs require higher grades of enrichment than other plants, something that could benefit GUE, which owns both ISR style mines in the United States and a stake in Ubaryon, a private Australian enrichment technologist.The United States government is ramping up funding for domestic enrichment suppliers, given that step of the supply chain is dominated by Russia.
“They’re fundamental, especially when you start talking about small modular reactors. In traditional enrichment done through centrifuges it enriches the U-235 to about 3-5 per cent and that’s what goes into conventional big nuclear power plants,” GUE’s Ferrier said.“Small modular reactors, in most of the examples, require enriched uranium material to that 19 per cent level, that obviously requires a lot more enrichment.
”He said Ubaryon’s chemical enrichment technology could potentially be plugged into plant front ends to help upgrade their material. “There’s going to have to be a lot of money spent on a lot of innovation (in enrichment),” Ferrier said.
- Forums
- ASX - By Stock
- GUE
- Ubaryon Uranium Enrichment Technology
Ubaryon Uranium Enrichment Technology
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GUE (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.2¢ |
Change
-0.001(1.08%) |
Mkt cap ! $24.44M |
Open | High | Low | Value | Volume |
9.3¢ | 9.5¢ | 9.2¢ | $75.55K | 809.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 37453 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.8¢ | 27173 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 37453 | 0.092 |
5 | 255465 | 0.091 |
10 | 511836 | 0.090 |
3 | 433715 | 0.089 |
2 | 17056 | 0.088 |
Price($) | Vol. | No. |
---|---|---|
0.098 | 27173 | 1 |
0.100 | 388095 | 4 |
0.105 | 178000 | 3 |
0.110 | 568463 | 6 |
0.115 | 736374 | 7 |
Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
|
|||||
Last
9.2¢ |
  |
Change
-0.001 ( 2.02 %) |
|||
Open | High | Low | Volume | ||
9.2¢ | 9.5¢ | 9.2¢ | 440833 | ||
Last updated 15.50pm 06/06/2024 ? |
Featured News
GUE (ASX) Chart |