Ann: Update on the Langer Heinrich Mine and production guidance, page-84

  1. 1,827 Posts.
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    A lot can happen in a week.

    The shorters of the uranium complex have indeed made a killing, as long as they can get out on/around current prices.

    All long term holders of all U3O8 stocks have been smashed, at least on paper.

    That is simply the perfect storm of cyclical, political, DeepSeek (AI) and economic events.

    Has anything fundamentally changed the future supply/demand deficit? I believe not.

    Am I disappointed in the share price decline? Of course.

    Can I outlast the shorters? Bet on it.

    Am I buying every day into the declining share price? Absolutely.

    My mind is looking towards 2026/27, what happens between now and then is, in my view, the expanding gap between price and value.

    We've been here before.

    GLTASH
 
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