RE: Uranium yellow cake10 Sep 2021 13:15
hi riseup, i have invested in YCA since last year and one of my more stable shares (if there is such a thing). my buying range has been 1.90 -250,so for me the current sp is high for my buying,until i can see if it has rerated or just a spike.I have seen target prices put out by the ii s as any where from 3.75 upwards but i tend to take it with a pinch of salt.
As for uranium imo it will increase in the long term as i think nuclear reactors will be the more stable power source.even the uk had to go back to coal generators recently, as the green sources couldnt keep up with demand and this was the summer months. gl