IMO all U3O8 producers who are closest to production will be the...

IMO all U3O8 producers who are closest to production will be the first to be able to profit from the secular bull market that looks like coming from 2024 - 2026. BOE is certainly one of them and its price could continue to perform rise strongly.

As a long term holder of BOE and the other Aussie specialist heavywieght, I am becoming a little ambivalent in the remaining share price upside. They have travelled a long way up from the lowly prices of a couple of years ago (depending on entry price returns have been between 300% and 800%) and at current capitalisation rates, a lot of up production profits have been already priced in. I don't see any current players as being at all cheap.

I can imagine a strong bull run can deliver another 100% - 200% share price rise if uranium prices really gain momentum, and the market gets over excited.
At those levels, I will most definitely be gradually selling down and leaving this party. IMO the biggest gains are probably already baked in the cake and I imagine many here are sitting on some pretty handy profits. I have today shifted my sentiment from Buy to Hold

This is a chart thread, and I confess, up front, I am not a chartist or a technical trader. I believe in and play cycles usually over a 3-5 year time horizon. Though i come in too soon and leave too soon, I find dour patience in supply/demand imbalances risk managment in rampant markets suits my relatively conservative investment style.

BOE is a keeper for now, but I would caution newer investors not to get too greedy if (or when) the market runs. Just as the last cycle ended in tears in the early 2010's it will do so again. The most successful speculators ease our of winners before they turn nasty.

In my long lifetime I have not found any charting system to accurately identify inflection points using price, momentum and fundamental analysis, especially with commodity stocks. Although they can be extremely useful to have in one's tool bage, they seem to always raise the definitive flags after the event.

Good luck to all investors in this space. Though I expect quite poor broad equity market conditions over the next 12 -18 months, there are always places where good money can be made. Carbon free energy, is a global hotspot and nuclear energy is part of that mix.

Hang on to your hats folks, but don't forget the curfew.

GLTASH