uranium: like gol was 10 years ago, page-147

Ok, I get all that. The great uranium trend reversal has been predicted ad naseum. Always just around the next corner supposedly! And in the meantime holders continue to suffer draw down and the grande old dames of the industry (eg Paladin) end up selling family jewels for rent money or wither away and die completely! sad stuff

But as others have said, supply is unsustainable at current pou. And over the next decade there’ll be an net increase in demand as new reactors coming online exceed those decommissioned globally. It’s an unviable long-term dynamic. Somethings gotta give. But when? Who friggen knows?

Seems to me a good strategy is to find a low cost producer that is profitable at current spot and invest with a long term investment horizon. Companies like BKY can survive (if not thrive) in the current low-ebb environment and will mutibag many times over imo when the tide finally turns