Interesting NXG Nexgen energy was trading with 400000 ASX shares available in Sept 2021 at up to 8.00 AUD a share, when the Uranium light bulb Sprott, had switched on, gained momentum, which has eased back to 5.90AUD a share lately.
Which may indicate a public perspective pull back during this dangerous time as Putin invades the Ukraine.
Unpredictability with their threat of Nuclear arms in the power, fear mongering mix including Belarus, as this war escalates.
Germany stopping the 21 billion dollar construction of NordStream 2 pipelines, reconsidering the available resources for energy are reconsidering reclamation extensions of existing Nuclear power generation plants as the energy demand is detoured from Russian LNG supplies.
Let's hope Uranium will walk the tightrope power struggle and be used as an clean energy asset and not a dirty money weapon.
Nuclear Power, page-297
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