Hangseng,
You stated:
"I was not wrong about so many other aspects that the likes of you said I was wrong on. I clearly stated all of the conventional U miners would struggle due to high Opex and Capex. In particular BMN, BLR, PNN and so many others. All of which were much higher sp than PEN.
How many went with the market darlings and lost small fortunes with BMN once around $3. When I was being canned here when I said PEN would rise , and did to much higher than first thought, how many bought BLR at over 30c?"
Your attempts to show how right you were overly simplifies things and is bordering on misleading.
The conventional uranium miners did fall a lot harder POST FUKUSHIMA because of their higher Opex and Capex and because of the uranium price crashing below their costs of production. However, before Fukushima, many including yourself, were expecting the uranium price to continue rising much higher to new highs..
If Fukushima did not happen and if the uranium price did indeed rise as much as most were anticipating, it is arguable that these conventional uranium miners would have been a lot more profitable compared to PEN because of their much larger proven reserves and also because they would have been able to raise the necessary funding a lot easier to progress their mines to production rather than putting them on care and maintenance like some are today.
No one can say exactly how things would have panned out with complete certainty IF Fukushima did not happen so your claims of being proven right are a bit presumptuous IMO.
If you failed so miserably at predicting how badly Fukushima would affect PEN and the uranium industry, how could you possibly predict what would have happened if the events at Fukushima did not occur.
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