Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Just bought in here.
Price was too good a bargain to pass up on.
The sector is hugely undervalued, this should be turning around now/soon.
Https://www.youtube.com/watch?v=x0cw_idpG10&ab_channel=CruxInvestor
i sold a chunk of these at £7.70 and just bought them back for less than my target buyback of £5.
seems like the gold and silver markets are breaking out of resistance, central banks are still loading up on gold the world is still a **** show.
this seems like a safe place to put some money for now.
Bought in here June 2021 and have been holding and topping up along the way.
Trading doesn't usually work for me as I often can't commit the time and attention required.
With the current situation in the Uranium market and if nothing significant changes regarding supply or demand I can see this being a hold until 2028.
I'm sure there will be 'up's and downs' along the way.
As we all know nothing goes up in a straight line forever.
Mafia9, you might find this useful.
https://docs.google.com/spreadsheets/d/1SdQ0pXhW2KJ_PJoiJ3w97tzVz1fGcupAU9bfpTJkOHw/edit?pli=1#gid=2006377867
Maybe NAV per Share vs U308 Price on the spreadsheet could be increased to the commonly seen targets of $150-$200
One of Antonio's better interviews.
https://youtu.be/jI0m57qA65M?si=zpo2WFpeozctU2XG
Https://www.ft.com/content/3574031b-7d75-4215-86b2-15feaed6ab7f
The world needs nuclear energy. This may still be unpopular with the public, but is widely accepted in the commodity market. Uranium prices (U3O8) have climbed more than a quarter to $65 per pound in the past six months. Noisy bulls have put their money where their mouths are.
Getting carbon-based fuels out of the electricity generation system requires more than wind and solar farms. These have too much supply intermittency. Plain, steady state generators can provide the balance of electric power needed.
Nuclear, despite the long build times, costliness and safety concerns, should win out. Since 2000, the number of operating reactors has fallen slightly. But by 2030 there should be another 32, mostly in China, according to Liberum data. Each new reactor in China needs more than 100 tonnes of the mined U3O8 equivalent.
That growth plus life extensions for US nuclear power plants means demand should exceed supply from 2025.
Speculators in Canada’s Sprott Physical Uranium Trust and UK-listed Yellow Cake, which buy and hold uranium, have squeezed up prices in a thinly traded spot market.
But nothing offers a klaxon alert for a commodity like a supply crunch. The world’s two largest uranium producers, Kazakhstan and Canada, together account for 58 per cent of output. Close Russian ally Kazakhstan supplies some western buyers, and Russia could block its obvious export routes. Others are costly, says Robert Crayford of Geiger Counter Investment Trust.
Toronto-listed Cameco, Canada’s miner of uranium, has sold all its output years ahead. Other big producers, Australia and Namibia, are in slow run-offs. That is why a July coup in Niger, which accounts for just 4 per cent of world uranium supply, lifted prices.
If uranium rises much higher, say much above $70, that should encourage miners to lift output. Almost every supplier in the world would then be producing above their cash costs. That is good news for long-term buyers, less so for speculators.
The cure for low prices is low prices.
The cure for high prices is high prices.
Few more this morning.
Looking at US markets at close, the Uranium stocks are turning.
Bought more today.
Been waiting for a market correction but I couldn't ignore the huge discount to NAV any longer.
I bought some more today, couldn't sit on my hands any longer.
Now that I have, we will probably see the long awaited correction to this rally.
I have kept some £ aside incase the price does move down.
Just some interesting price projections.
As the author says ''just for fun.''
https://www.youtube.com/watch?v=1zBQ-sS18ug&ab_channel=FindingValueFinance