Jan. 16 at 12:19 PM
$APAAF Uranium spot prices just hit a 1-year high of
$85 lb. And look poised to re-test
$90 lb. soon.
https://tradingeconomics.com/commodity/uranium
Tom mentioned in an interview months ago Appia was offered
$75 M cash for one of their Uranium projects in 2024 when prices were
$90-100 per lb. but the deal fell through due to funding. Projections for Uranium prices in 2026 all seem to be above
$100…lower interest rates and Western focus on critical minerals all point towards Appia receiving addition interest in their Uranium projects with project funding approval more likely.
Appia’s addition of a Uranium-sector VP of Corporate development provides additional evidence my thesis is directionally correct.
Appia remains a hidden gem.