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Look at what Yellowcake are doing and Cameco and others.... They are either pure trading plays or have cut production and are buying fuel now in anticipation of trading it at a premium over the next year or so.

Miners are morphing into traders and so many will sit on their stocks and allow speculators to push up prices. At some point the power plant companies who have had things their own way on prices will get frightened and start buying. Trade wars, sanctions and low ouput of fuel will drive Uranium prices higher and with it the share prices of miners.

Basically a re hash of the Reuters news but with some useful insights. So in a few weeks perhaps a month or two the nuclear regulator will publish its report. It is likely to be favorable so would the Government ignore its own regulator?

Possibly, but that would leave it open to legal action by BKY and they have $100 million backing from Oman to do that plus Uranium has risen in price by 30% since April. Might they delay? Yep possible but this is the only viable Uranium mine within the EU.

In the last few years German electricity prices have doubled because the Greens closed down their nuclear power plants. Higher energy bills are not only bad for businesses they are even more punishing for politicians seeking votes at election time which is one of many reasons why Merkel is finished.

"The project has been beset by successive delays but Paul Atherley, Berkeley’s chief executive, said he remained determined to bring the project to fruition.

Slated to begin mining in 2012, the company now said it was not due to enter production until sometime in 2019. Berkeley still needs two more permits — a local urbanism licence and a crucial authorisation for a processing plant as “a radioactive facility” from Spain’s Nuclear Safety Council."

https://www.ft.com/content/9db641ba-d121-11e8-a9f2-7574db66bcd5

Basically an article saying India needs loads more oil for its middle classes who all own vehicles.

Maybe the Indian Government should just buy CNE?

Is the Bank likely to be a winner or loser from Brexit? I think a winner because it bridges Ireland and the UK plus the deal with our Post Offices. I am looking at an entry point and price, the 3 month trend suggests wait.

So how long before some positive news might be forthcoming on the extended trial? How much cash is left? How long will the cash remaining last?

I would appreciate some sensible answers backed up by the accounts to see how long I can stay invested.

No comment on a partial award but I think it possible a deal might be agreed outside the court before the Law takes a view. If the Indian Government were confident they might tough it out or they might offer a deal.

More on Gran Tierra Energy Q3 results https://seekingalpha.com/news/3404766?source=ansh $GTE

Neighbours doing nicely.

https://www.hl.co.uk/news/2018/11/2/the-signal-of-golds-stability

Interesting article for those who like Gold and/or Bitcoin.

"the potential $1.3bn coming the firm's way from its ongoing disputes with Indian tax authorities."

I do not believe they will get it all but what if they were awarded 25% say, $325 million in cash by mid 2019?

In the case of Cairn Energy, which Berenberg started off with a 'buy' rating and a 240p target price, the German broker said the company's current valuation was "broadly in line with the sector average", which led it to believe the market had not assigned any value to the potential $1.3bn coming the firm's way from its ongoing disputes with Indian tax authorities.

"This upside, coupled with Cairn's operational momentum, offers strong risk/reward, in our view."

With Cairn's operations being spread out across the UK, Norway, Mexico and Mauritania, Berenberg said it would prefer "a more concentrated approach from a geographic perspective" but highlighted the group's partnerships with bigger peers that have strong exploration track records, such as Lundin Petroleum, AkerBP and Eni as a positive.

I have just purchased another 10,000 shares at 10.3p because my approach to betting (betting = investing) is to look for companies where there is risk but the chance of a significant multiple return.

So I have a small stake which is still about 20 something % in the red but averaged down because if my hunch is correct IMM could with patience and an extended trial turn into a 10 bagger. It could also halve in price.....

Ironically, my "safer" dividend paying investments like 888 and WMH have tanked 30% over the past year. My portfolio is therefore weighted towards risk and I accept the losses that occur on some punts because when one goes well, like UUUU, they go really well.

Blowing through this board......but Rank might be on the turn. Remember that daft idea with 888 and William Hill?

Consolidation might be sensible.

Thank you for sharing your experiences, it is encouraging to hear another More positive perspective!.

Energy Fuels UUUU up 8% Cameco doing well today, uranium prices must be up?

How many reactors producing power within the EU today and how many Uranium Mines within the EU?

Why none as yet....

"Weak Price of Oil" seriously?

Towards going private on the cheap?

Yet they have bid for a Swedish betting company today. I presume to get more income from outside the UK? Trouble is the EU might impose draconian laws on betting so feel this is still a wait and see rather than entry point.

People continue to gamble in recessions.

And people pay a subscription for this kind of advice?

BKY is adrift, the permit mess could go on for years and still no RNS from them telling us what they are doing to speed up the process of gaining the permits in order to get digging!

That bad news is encouraging for IMM.

Yes I bought a chunk this week on the news having previously sold 2/3 at just above 4p.

Speculative buy imo.