PEN 4.55% 10.5¢ peninsula energy limited

Ann: Early Preparatory Works Commence at Lance, page-17

  1. 3,302 Posts.
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    not embarrassed at all!

    i did say that it’s “All IMO.. DYOR”

    i won’t go into full discussion but some reasons in why I believe this uranium bull run is coming..

    1. we’ve been in a 10 year bear cycle
    2. uranium is in a supply deficit.. won’t go into the exact figures, but Uranium price must rise to incentivise new mines to meet the demand
    3. SPUT continuing to mop up available spot uranium
    4. Sprott taking over URNM
    5. possible Sprott listing on NYSE later in the next 6 months
    6. China nuclear builds (up to 150 new reactors in next 15 years)
    7. More Japan nuclear restarts
    8. ANU & Yellowcake buying

    etc etc


    there’s a lot more reasons why, but I’ll keep it at that for now, as it is way too long to discuss the uranium fundamentals here

    by all means, one can disagree if they think this uranium price isn’t going a lot higher from here.. I’m happy to read those reasons from you or anyone else (as it will help give me a balanced view)

    Last edited by tutes: 18/02/22
 
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