Any one care to share their opinion on rising SP for $LEU Centrus?
My thinking was: they get enriched U from Tennex, now, Tennex requires an approved waiver. An approved waiver to get U from Russia is not fixed yet and is still uncertain. If they get no waiver they have to buy it elsewhere, which, if available, which is not sure, will cost a shitload of money. And if they get a waiver, it is still Putin with his thumb up or down, for which I tend to think of thumb down.
They have their pilot plant, but still, not at full capacity. They have already buying contracts, but with no enriched U, those are worth nothing.
I am and was for 100% sure, the SP wil tank and therefor, I sold my position at 44$ as I am pretty sure, the thick end will follow pretty soon. I am also not convinced that every shareholder of LEU knows that their enriched U comes from Russia and they live on Russias fate.
Any one can laugh at me, no problem, do it, but only if it is supported by a valid argument here, thx
SLX Price at posting:
$6.58 Sentiment: None Disclosure: Not Held
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