Mentos rolling around the rim of a Coke bottle is a perfect analogy. The fundamentals have been building for a long time in the uranium sector and the longer it takes before new supply comes online the more explosive the move will be.
With the 1450% move in European natural gas from the 10y average, increasing natural gas prices across Asia, security of supply of energy is paramount to governments around the world.
Nothing can generate energy security quite like nuclear, because of the energy density properties of uranium.
Governments will need to source their uranium from somewhere and Bannerman is perfectly placed, with their development-ready Etango project in Namibia, which is one of the only jurisdictions that is uranium mining friendly and geopolitically neutral. Perfectly placed at the perfect time.
Mentos rolling around the rim of a Coke bottle is a perfect...
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$4.31 |
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0.100(2.38%) |
Mkt cap ! $658.7M | |||
| Open | High | Low | Value | Volume |
| $4.27 | $4.35 | $4.22 | $2.786M | 650.3K |
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| Price($) | Vol. | No. |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Change
0.100 ( 2.13 %) |
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| Last updated 15.59pm 03/05/2024 ? | |||||
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