ETM 5.26% 2.0¢ energy transition minerals ltd

What I believe may happen, page-5

  1. 2,028 Posts.
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    We are pretty much at a start of a Bull Market for "yellowcake". Suppliers shut down operations on multiple fronts last year to increase the spot price for uranium. In 2019 its expected to rise 22% and by 2020 32%. Really only good news for uranium in the future.

    https://www.forbes.com/sites/rainermichaelpreiss/2019/02/28/u-turn-for-uranium-as-u-s-decides-if-miners-pose-national-security-threat/#6832da1F6043

    Since we are into junior mining companies: one I have look at and own is DYL http://deepyellow.com.au/ . Currently being run by Mr. John Borshoff who started Paladin Energy, who was very successful during the last uranium boom. Paladin in 1993 was worth US $5 billion at its peak.

    So as far as I see it nothing but good things to come for the uranium market in the future.


    DYOR GLTA

 
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