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  1. Alex.shipway
    1,935 Posts.
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    08/07/24
    18:48
    Post #: 74660255
    I didnt claim it was correlated to the lithium price? I said the price graph looks similar (albeit about 12 months behind)

    The exact same arguments were made 2 years ago with lithium.


    https://www.reuters.com/markets/commodities/goldman-sparks-bear-bull-battle-lithium-market-2022-06-15/https://hotcopper.com.au/data/attachments/6297/6297191-b69acc30408367da8d20fe4fc87e019b.jpg

    "The world is swimming in lithium and lithium over supply. The precise opposite of U308 that saw exploration and production hit a brick wall over 10 years ago."
    Those exact same sentiments were shared regarding lithium.
    Let me once again be very clear; I am not saying this is what will happen to the uranium price. I am merely pointing to the similarities. I am not down ramping, merely sharing an alternate view. Is this not a forum for people to discuss?


    BOE Price at posting: $3.80 Sentiment: None Disclosure: Not Held
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