STRONG BUY, page-964

I have to agree with Rocket on the power prices...however IMO a couple of things will happen that will negate the current massive spike in energy prices in Europe. Firstly it is likely the the EU will in the next few days classify Nuclear & Gas projects as "Green Transformation" projects which will lead to a increase in funding from the Banks, secondly the NordStream pipeline issues will be resolved with Russia & Ukraine, EU sanctions will be eased and Gas will flow...Russia desperately needs the foreign currency that it will get from this. Additionally Gas prices are low in the US due to a mild winter and it is now economical to ship gas from the US to Europe. All these and many other things will contribute to lower power prices IMO... If not then Europe is in for explosive inflation and the collapse of it's entire industrial production capability. Time will tell...