GTR 0.00% 0.5¢ gti energy ltd

Ann: Geophysics Starts & More Lo Herma Uranium Data Acquired, page-6

  1. 11,097 Posts.
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    Lo Herma maiden resource announcement is due by the first week of July, so you would expect that by next week's trading.

    We have not had any bad news, just a lack of it! Combined with a worsening economic situation globally and tax selling the past couple of months, and we see the share price significantly oversold. We should start seeing the reversal play out soon imo - The U price is still relatively high at $56usd, more and more countries are announcing a ramp up of nuclear reactor construction. This demand alone will force the U price up further imo, adding with that, Russian U sanctions from some parties, will likely affect supply. I don't see much negativity apart from the recession confirmations across the world, but plenty of energy will still be needed!

    We are in the key US uranium and pro-nuclear heartland! In the middle of a green energy obsession/revolution. Surely a massive Uranium bull period has to play out at some point soon...
 
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