Jaat308... by any measure you want to use .. pen should be at least 18c and projecting spot for Yellow cake to $35 you are looking at at least 35c.
I expect Pen to get to 50c plus in the next two years... and Yellow cake at least $50 probably higher .., with the coal fired power stations closing down .. where will the power come from for the huge increase in electric cars .., the Arab's should be investing in reactors in the USA and uranium mines as oil demand disappears.. India all electric by
2030... Volkswagen producing all electric cars by 2024 Gm all electric by
2030 Ford All electric 2025.. I'd expect All the Japanese and Chinese electric by 2030... that is one Hell of a lot of electric power required to charge batteries!!!!
Modern style Atomic reactors is the only way .. huge demand for Yellow cake, lithium, cobalt, nickel and copper and rare earth metals for the magnets..
In 200 years we have had 6 resource booms .. I believe we are heading into the next... not only with electric cars driving a commodity boom but going green off coal .. We are also facing a huge international building and infrastructure boom driven by strong Fiscal spending to get economies moving .. its the perfect storm for all hard commodities ....
Be brave... ride the wave .. many stocks are cents .. like Pen .. we are looking at dollars ahead.
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