CXU 5.00% 3.8¢ cauldron energy limited

CXU Recap - Bring on 2024

  1. 418 Posts.
    lightbulb Created with Sketch. 931
    in terms of recap, 2023 was a great year for CXU and has exceeded expectations under the helm of Fisher.

    2024 will be an exciting year. The company will have drill results coming up from its current Melrose drilling campaign and also will drill the Yanrey uranium project some time. So that will hopefully generate a heap of good newsflow - and importantly the uranium macro thematic isn’t going anywhere.

    Personally very bullish that we will see triple digit uranium spot prices soon. Finally there is a lot more coverage of the uranium policy question in WA. Any resolution or momentum there could put a rocket under CXU - Australia will wake up and realise renewables alone isn’t enough.

    Hopefully management can continue their good job and CXU continues to outperform. Anyone else got any views or thoughts on what’s coming up?

    HNY
 
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