The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Look increasing likely that Amerca will pull out. China and Euro agreed to meet immediately and work out how to move the accord forward without USA. USA is the second worst pollutter after China, in its absence, other countries have to reduce more carbon emission to achieve its original emmision reduction target. China is admant that it will face upto its responsibility head on and hope other countries are just as determine. The only feasible and effective way to comeback climate change is to build more nuclear reactors; increasing uranium demand at a time the sector is struggling to survive is good news to BKY.
https://www.ig.com/uk/ceo-videos?bctid=5449489921001&bclid=3815341918001
Zona7 production immediate priority. Not boring - business focus on generate big cash and sharing dividends. No need to look outside Salamanca, has 90% more land to explore for more ore, I for some reason think CGN will be our future exploration partner. China has mining asset and project worldwide except Europe, can't see they not keen to gain a strong foothold here. Bky bring largest lowest cost mine in EUROPE is a must have for them, it's just a matter of completing the DD and agreeing upon a price. My prediction is CNNC strategic partner for Zona7 in coming weeks, CGN becomes new mine exploration partner soon after. This will transform bky junior to workd class potential. Hold long term to maximise potential gain, not all egg in basket and balance portfolio obstacle to increase holding, let's see!
Deal like this take while to complete, suggesting that many utilities are active in the market to renew their soon to be expire contracts. Few more major re contract announcement will finally push the uranium price steadily upward. Good time coming!
IMHO, there are only 2 Chinese companies likely to have met with Paul last week: CNNC and CGN. The 2 companies came to mutual agreement that they won't compete each other for same project. It's normal to take many month to DD an investment size of zona 7, so CGN is too late to gate crash on going negotiation. For these reason, I think Paul is advancing financing options with CNNC and in discussion with CGN to explore new mines. Will b fantastic if we can partners with both companies. Good time ahead!
Being the only and largest mine in Europe in construction, BKY is in pole position.
http://www.neimagazine.com/news/newschinas-cgn-and-cnnc-agree-not-to-compete-4907664 We are looking for 2 partners, one to fund plant construction, another to explore new mines. Nice if we grab both. If deals involves the Chinese premier, good for publicity.
Berkeley Energia!
http://oilprice.com/Alternative-Energy/Nuclear-Power/Uranium-Prices-Set-To-Rise-In-2017.html
http://www.thepeterboroughexaminer.com/2017/05/25/cameco-signs-10-year-extension-with-bruce-power
http://www.chinadaily.com.cn/bizchina/2017-05/10/content_29281561.htm PA said he met with 2 potential strategic partners, one was CNNC, the other one could be CGN. Nice if can get both on board!
http://thestarphoenix.com/business/mining/cameco-continueshttp://thestarphoenix.com/business/mining/cameco-continues-to-struggle-posts-18-million-first-quarter-loss-amid-weak-uranium-market-to-struggle-posts-18-million-first-quarter-loss-amid-weak-uranium-market Half of the producers worldwide are underwater, no significant new mines in next 7 to 10 years. Another 12 to 18 months of low u price will kill at least 50% of mining companies, what u price be when BKY come into production? I locked my shares away, wait for the inevitable to happen!
https://news.cgtn.com/news/3d456a4d32677a4d/share.html Good reason CNNC wants to become strategic partner of BKY.
The recent drop has flushed out weak holders, hope newcomers joining us are here are holding for long term. I agree with PA that once the forced sellers finish unloading, the SP will quickly go back up again. Mining project is progressing as plan, nothing will stop the SP moving up, just gve the beast time to roar!
Once the SP starts to move higher, matter least how much you pay per share, what important is how many shares you hold!
With you guys all the time. I am here for long term, bought 27p, Intend to hold 5 years min.
Desperate sellers oversold the SP. Recent placing was heavily oversubscribed at 45p. Asked for $15m, got 30m, could have 50m. PI who bought at recent low should thank their lucky stars. Another 12 - 18 months of low uranium price will wipe out struggling producers. With no new mine development, more new reactors coming on line and more being built, the dirt cheap surplus inventory stockpile will one day turn into good dust commodity. Just give it time, supply side destruction and increasing demand will work miracle! Just need a big of patience! Very interesting time ahead!
Once BKY is in production, let's join the Grennies to stop any more new mines development! That will make us all multi millions! :-))