This is my take on current market conditions as simple as I can
since March a lot of money has been slowly taken out of all global markets and was sitting on the sidelines
the September October reporting period is the time of big gains or big lossless that can happen on global bourses most stock market crashes happen in October and since the markets have been in bear mode it was waiting if a big drop happens
In the last few sessions the money that was out on sidelines seems to want back in which is a positive
now for the uranium space the demand noise outside only gets better for sector
with new tech evolving the Japanese are working on red hydrogen motors
and Elon musk is working on nuclear diamond battery that lasts years
both these need uranium and with all the reactors being built with the physical investment target zero and many more aspects which I won’t go into it is very positive for the space
even here in Australia the nuclear noise is getting louder and there pushing for us here to get with the global program
as I see it the uranium space is setting up for a permanent position
IMO
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