Sorry I can't name one successful junior Uranium miner - good point.
My thoughts....
I am hopeful about ZEU because its cornerstone investor appears to have a strong mandate for securing fuel security for their country's growing number of reactors. ( I'm not sure making money is their key driver - so they may not care much about the share price.)
The health implications of running coal fired power stations in their largest cities is obvious and compelling - so they have both the motive and the means to find and extract U3O8.
The major risk is in getting the approvals, which is an issue for all Uranium hopefuls. After that, I think the next risk is that negotiations may be 'conflicted' and we may not get the best deal for sales. That however would be a relatively good problem to have.
If successful they will not be a junior for long.
ZEU Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
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