Mine financing requires having ink on future sales
Its just a bit soon in the cycle and build outs to progress faster. IMHO
look at Nexgen. Massive deposit. Their management get massive salaries, but they are not selling uranium yet, no mine yet. But the future $$$$$$$$$$$$ is pretty much guaranteed. (I know, things can go wrong, nothing is a 100% certainty)
Now is the time to be investing in uranium assets, management & the future potential.
The big pump of co’s that have nothing to even mine yet, is done now. Ppl are stuck with them. Those that sold & creamed (Funds, ppl who know the ropes) are moving into the big Uranium deposits & knowledgeable experienced managements now.
I might be completely wrong, but it makes more sense than chasing companies renaming to Uranium this or that.
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