PEN 1.09% 9.3¢ peninsula energy limited

Is Trump signalling a Uranium price rally?, page-2

  1. 606 Posts.
    Merry Christmas to u kind sir,

    See you in '17!

    Cheers




    Gav

    ps. I actually don't think that Trump will technically do much for the fundamentals of Uranium. But of course, crazy things happen to shift sentiment. Remember the India/Australia Uranium/tony abbott deal, so TOE thought it would go for a run?

    And because the shift in Uranium price now isn't in need of fundamental shift, minus 5-10m lbs [noting that 19 reactors alone are posed to fire up in '17 alone!] with the medium to long term fundamentals close to perfect now - it (trump) could be just the narrative to kickstart some sentiment from utilities and encourage them to contract.

    My head tells me this shouldn't be the case, but hey, 'Tulip mania' and the 'south sea bubble' happened...so stranger things have happened. But then again, the reason to contract is already there, it's just the motivation to do this just isn't yet.

    Have a belter of a holiday ladies and gents. I've had a ripper of a '16, only to be matched by '17 hopefully. I'd sooner say that '18/'19/'20 should be our real uranium years, but '17 should at least pick us up off the matt! We're not at the right end of the parabola yet!!!!!

    These are the formative years! Enjoy them.

    Rest up!

    Gav
 
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