Awesome to see the Uranium thematic just start to play out..
With a significant shortage of supply, Spot prices will all most certainly move significantly north and many predict well above $100 in the near future.
As much as I love the potential with OKR's U deposits and strategic supply factors for the USA.
What really excites me is the Enrichment play they have.
truly a sleeping giant with the leverage on offer here.
If they prove that it is scalable and can be commercially viable, then all the majors will want it for sure.
Remember okapi is $36 mil cap
Potential valuation for an enrichment play that is touted to be a significant upgrade & generation above SLX would have to be valued in the billions right ??
I'm aware that it's obviously early days, Rome wasn't built in a day thou.
To the best of my knowledge no other ASX play out side of SLX has Enrichment exposure.
A lot of these lithium names with no resources are valued at over $100 mil cap, Smart money are rotating into uranium.
Wild predicition OKR will be significantly higher in the short term lol
bring on news flow I say...
Thoughts ?
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- Why is OKR under the radar of Uranium investors?
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