Uranium will be the best performing commodity next year. The prefect supply chain storm has been building for the last 4 - 5 years.
Uranium may have been in a downward spiral since Fukushima but the facts are simple.
1. Increased energy supply & Reactor's being constructed. 2. Lack of Exploration. 3. Mines being closed. 4. spot price low. 5. Weapons into Power program is now complete. 6. Demand is greater, than supply. 7. Japan will restart reactors over the next 12 months. 8. Companies will not continue mining at a loss.
So all that aside...... ( watch this space and do your research...)
Buy low, Sell High!
Sentiment Changed, "Buy"
Regards Nathan
AGS Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held