Some little gems from the JB interview with TriangleInvestor....

Some little gems from the JB interview with TriangleInvestor.

These are my understandings of the gems. I’m interested in the thoughts of all as we all pick up on things differently.

- Patience needed from company perspective.
No good trying to be first out the gate throwing capital around if the reward is not there just yet. Ie reward being utilities realising everyone else now wants when they need, so suddenly its on.
An eg. Bannerman , not taking the next steps until, the dollars are there.

Some co’s have high market caps based on unrealistic times to get to production and what they will have in the ground.
How will they hold those inflated market caps when reality arrives and they dont have the ppl with expertise, they didnt count on this or that.

The Athabasca pales next to Alligator River re the amount of uranium.

Toro and Cameco mentioned in passing for their efforts in WA.

He talks about WA’s proximity to trading partners who have declared nuclear as their base load
Also, European countries, with only Germany and Austria not committing at the moment.

Spoke of the oil industry not getting into nuclear, because their shareolders are used to seeing the big bucks now and anything less even for a short time, being pointless to them.

Mentioned the chinese think decades ahead. The data demand, the need for an Elon Musk in nuclear and uranium.

I have watched the interview twice, I need to watch again

Having watched though, I think TORO management have been wise in their timing and progress.

If they’s sunk millions in too soon, this forum may well not exist.

I’m going to set my alarm for about October 2028
And in the mean time buy more Australian and Namibian Uranium.

I am not interested in the Athabasca, USA, South America, Sweden or Kazaakstan.

One thing for forward thinkers.
The last time there was a mining boom about 20 years ago, I remember buying stuff from the USA and it being much cheaper because our dollar went up so much.

Next mining boom, if our dollar rises, our metals may not be so attractive price, however if there are shortages and a huge demand then Australian U co’s should do very well from USA utilities buying our Uranium because they will have no choice but pay. (Provide our dollar is greater for this scenario)

Or have I got that arse about.