Merges and take overs.Macro and Microeconomics differ a lot.
Business Cycle - Definition, How to Measure and 6 Different Stages (corporatefinanceinstitute.com)The topic is up as last night Iso Energy & Consolidated Uranium Announce Merger. I hold both
Several other Stategic buys and sells by Uranium stocks including PDNs exceptionally good sale "During the quarter, Paladin sold 390,363 shares in Global Atomic Corporation (GLO) a TSX listed company, for gross proceeds of US$0.8M" from 20/7/2023?
Talk about great timing on so many levels!!!!! Sorry for share holders in GLO!!! Hope NIGER settles down!
BHP has Olympic dam "approximately 2.4 million metric tons of uranium in the financial year ending June 30, 2022. This was a decrease of 892 thousand metric tons from the previous year"
Ramping up via "
BHP's exploration accelerator to open to uranium, lithium finds"
Other Major Miners also have skin in the game " Vaal Reefs mining complex, part of the Anglo American Corporation, is the largest gold and uranium producing complex in the world, being South Africa's principal producer, accounting for about a quarter of the country's uranium production"
"Deep Yellow and Vimy Resources"
"Uranium Energy Corp Completes Acquisition of Uranium One Americas to Create America's Largest Uranium Mining Company"
Back to 2007 "Uranium Resources, Inc (URRE) Acquires Rio Algom Mining LLC from BHP Billiton"
It is very clear miners are about to see incentive price of over USD$90 lbs long term as the massive number of reactors being build and in advanced planning commence ( not in Australia of course)
The next part of this cycle will be M&A. The Entire Nuclear sectors market cap is 1/3 of what it was in early 2000 during the last short-term spike in U308 price. The Long Term cash box U308 provides via Holding via Sprott, Yellow Cake, Zuri Invest, the New Singapore fund.
2012 this was discussed on HC before by people ahead of the timing perhaps!. @
aimone who started that thread is still about happily!
How many ways to smile might be required for many given the magnifying glass being applied to each and every part of our sector right now for Long Term Reliable Stable investment options.
