Scienceboy - I noticed your "sell" sentiment. Are you are offloading all your shares?
There was definitely something unusual going on when the SP was in the 50’s as I outlined in my last post (e.g. marking down the close, withdrawing large sell orders when buying entered the market etc). Whilst it is very possible the SP could fall back to the 60s, my view is it will continue to climb as the SP was being artificially held down by a big seller offloading and significant shorting. Assuming they cease we should retrace to over $1.00.
Whilst it would be wonderful to have you insight to the entity, what I know is that there have been some great movements from a macro perspective. Japan restarting soon, China /USA deal to cut emissions with both focusing in part on Nuclear, uranium price jumps and the loan guarantee seems to be targeted at the SLX technology commercialising.
My view is the DOE Paducah deal will be done however it will be conditional on GLE receiving the loan guarantee. Sorry to see you jump ship however all the best in the future.
I am the Iceman!
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1 | 3000 | 4.410 |
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3 | 1167 | 4.390 |
3 | 52762 | 4.380 |
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4.470 | 4265 | 2 |
4.480 | 2065 | 1 |
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