PEN 2.50% 10.3¢ peninsula energy limited

Pen General Discussion, page-82

  1. 2,809 Posts.
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    times now are on path with the 70s
    high inflation all through the early 70s into early 80s
    war with Iran and Iraq ( Russia and Ukraine )
    embargoes with the Middle East lack of oil supply with high energy costs of oil and uranium that decoupled from broad markets ( Russian gas uranium commodities etc )
    stock markets getting hammered This chart shows the price of uranium back in the 70s when adjusted for inflation it is the highest price of uranium per lb !! https://hotcopper.com.au/data/attachments/4425/4425438-94672a7c6e8c5a7ffc29777eed4929e6.jpg
    History repeats stock markets will play the same energy will decouple especially uranium for the lack of supply that has been said many times and will only grow when the estimate of another 250 global reactors come in the next 15-20 years




 
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