It's an industry conundrum thats been ongoing for 15 years.Very...

It's an industry conundrum thats been ongoing for 15 years.

Very simple to start with....nuclear is a dirty word. Get over that is the hardest part. Then where to go? Lowest cost of course. Sounds simple. Not when it's nuclear related.

When.....and i say say When, Nuclear finaly launches, like 2005 then 2008/9/10, well, then fundamentals unleash.

Then higher cost, higher grade thrive at high prices. Makes sense, yeh? Doesn't seem to be the case with nuclear energy. Enter the Kazaks and Cameco. Like cockroaches in all friendlesness. There low cost. Hence, there still operable in 2021.

What's going to be around in 10 years from now. Thats the question? Fundamentals improving. More green energy... BUT still, as we learnt this last week, Nuclear is and remains dirty word.

For mine, stick with ISR, it's profitable at a lower cost and less risky for utilities. Open pit, hard rock in Most cases is profitable at $50/60. Personally, too rich for me.

High grade ISR is the way to go. Keep in mind that U mines take at least 5 years minimum to get approval. Add another 2/3 to mine.

The whole equation is rather simple. Mines like BOE are front and centre...that is outside of Kazak and Cameco. The rise of clean energy will make the equation that more appealing that 'Out side' of main players will call in the NEXT most profitable players. ISR....way to go.