Yes because historically it has been a political minefield due to the whole environmentalist movement. But what if Uranium was being remarketed as part of the solution for a cleaner CO2 reduced future? Many of the arguments against would be less black and white from a political agenda. I would think views and policies would adjust to suit the changing narrative and landscape. I have been wrong many times in the past with my investment thesis but at $5m mcap and a resource that is more or less a known quantity, this to me suggest that CXU is a relatively low risk compared to other uranium explorers. If and a big if, the government changes its stance, CXU would be well poised to capitalise on the proverbial nuclear rockets to the moon.
CXU Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
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