Cheers, and I agree.
The bullish points certainly are that if the world wants to head towards carbon neutral, then a "cleaner" source of energy is required. Not to mention all the AI/Data Centres etc etc that will require energy.
I am certainly not a downramper/shorter/etc. I just prefer to lower my risk of capital by purchasing stock at what I think is at the least amount of risk to capital loss.
From my notes, first production was supposed to be DEC2023. (I think those notes are from May 23) so they were about 6 months late.
I think some people have mentioned the timeline being delayed but couldn't agree on dates. Hopefully that helps.
Anyway, I think $3.50 would be a good margin of safety price. Not sure if it'll get that low. If it does, I'll definitely be having a nibble.
Uninvestable, page-62
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