URA 5.56% 1.7¢ uran limited

That's what happens when you put too many eggs in one basket?...

  1. 27,757 Posts.
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    That's what happens when you put too many eggs in one basket?
    Diversification = backing a sector.

    Can't condone violence.

    Anyway, why should he be annoyed? He made it back on another deal.

    To that end i congradulate him on getting back on the horse and getting over the line.

    However, i think this horse has yet to run its race.

    I think it was a tad wreckless to claim production by a certain date. Perhaps they needed to conditionalise it, ie, production by xxxx so long as the iron curtain doesn't fall again, or beuocracy gets us delayed etc.

    Risk. I looked at Uran and said hmmmm, risky part of the world, possible upside, near term production. And decided it was worht a punt, but a proportional punt.

    Near term, well, if they get something going with 2 years that's near enough IMO, because there's a lot of other species out there who while they may be looking at 4-5 years from something produced.

    cheers all.
 
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