I understand that investors want to take profits in the uranium sector but today's announcement has reduced the risk of commissioning, stock didn't get much kudos for that achievement. If the commissioning goes to plan then they will be producing uranium into a strong pricing environment (so still some element of risk). The other listed uranium players still need to raise cash (equity and debt), construct and commission the plant, but have operational leverage.
I do believe that as the uranium cycle matures i would rather be in a company generating CF.
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