03:00 Thu 18 Jun 2020
Berkeley Energia - ASX Response to Price and Volume Query
ASX Response to Price and Volume Query
Please find below a copy of
Australia Securities Exchange
Level 40,
152-158 St Georges terrace
Perth WA 6000
By email: Wade.Baggott@asx.com.au
Response to Price and Volume Query
In response to your correspondence dated
1. The Company is not aware of any information that has not been announced which, if known, could be an explanation for recent trading in the securities of the Company.
2. Not applicable.
3. The Company notes the recent increase in trading of its shares on the
As previously announced, the Company's focus continues to be on progressing the approvals required to commence construction of the Salamanca mine and bring it into production.
The Company continues to engage with the relevant authorities in a collaborative manner in order to facilitate the timely resolution of the pending approvals required to commence construction of the mine.
In late March, the Company formally submitted the updated official documentation in relation to the Authorisation for Construction ("NSC II") to the
The Company further notes the strengthening of the uranium spot price which stands at
During the year, COVID-19 related supply disruptions have been announced by Kazatomprom (
This increase in uranium prices has also generated increased media interest and corporate activity, which has improved the general sentiment in the uranium sector in recent months.
4. The Company confirms that it is in compliance with the listing rules, in particular, Listing Rule 3.1.
5. The Company confirms that its responses to the questions above have been authorised and approved in accordance with its published continuous disclosure policy or otherwise by its board or an officer of the Company with delegated authority from the board to respond to ASX on disclosure matters.
Yours faithfully
[sent electronically without signature]
Company Secretary
For further information please contact:
Acting Managing Director Chief Operations Officer
+61 8 9322 6322 +34 91 555 1380
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