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My interest has dwindled. Particuarly seeing the oil price dropping. Also thoughts around the fact that if you dont like Geothermal, its more of a drawdown play. Im going to be patient and If I see the oil price looking a bit safer and the end to institutional selling, then I will hopefully go in. I fthe price gets much lower - certainly something like 5p - its such a bargin that it has to be worth the risk. Perhaps some more selling by large shareholders could deliver this.
This is fairly common for Yellowcake and the margin below NAV always seems to widen even more after each equity issue. Thats why I fixate on the actual Uranium spot price charts rather than YCA.L price if looking for a sell signal.
Previousy they dunked to over % discount to NAV after an equity raise but eventually we got back up to NAV again. Actually this would be an excellent opertunity as they could use the 100m to do share buybacks thus getting more uranium at a cheaper price than another KAZ shipment without the Russia risks
BATS own a CBD oil company (Organogram) which isnt that profitable. The hope is that they start selling CBD Vapes on a massive scale - but BATS seem to be frankly showing no interest in seriously pushing CBD vaping like we wish them to as shareholders.