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Kevin Bambrough Profile picture
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2 Mar, 6 tweets, 1 min read
Do me a favour... don’t anyone ever ask me a question again using a 10% discount rate as a measure for evaluating the npv of a mining stock. It just annoys the hell out of me and makes me want to rant
I would love to get a 10 percent rate of return. If I could just get a 7 or even 5 percent rate of return I would not even think of wasting my life looking at stocks. I’d be happy to take my savings and just collect a decent fair return. But that’s not possible
The ultra low interest rates dictated by the central banks as they cater to the aid of the leveraged financial sector force us all to either be speculators or losers
There is no safe haven. No certain return. Just certain losses if we stay in cash or some piece of shit money market fund. If we go longer down the yield curve we risking getting screwed even harder for just a percent or two more. It’s a sad joke.
Commodities in general are the cheapest they’ve been in history. Uranium is the cheapest commodity out there. Barely anyone can make money at today’s prices and the demand growth likely has the greatest magnitude of any commodity. The price will rise by 5x for sure
No one can tell you how high these commodity stocks (or uranium) will run in the coming years. But, I can tell you this is a he time to get long af and hold on for the ride. Bull markets always surprise me to the upside. It’s time to let em ride

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More from @BambroughKevin

Kevin Bambrough Profile picture
4 Mar
#Gold down again but the #HUI don’t care and either do I. $NEM Newmont 4% dividend. Golds stocks are value plays and many with growth. #Gold will be $6000-10000 in 5-10 years. Forget the noise and get long
Again, I laugh when I see short term commentary about gold says deflation coming. In the last 20 years gold has gone from under $300 to $1700 ~6x And the DOW has gone from 10k to 30k 3x. $DJI, $QQQ, $SPX is stupid expensive and full of risk.
If we are gonna have rates actually back up and deflation then then the major indexes will all get at least cut in half. But the catch 222 is...
Read 9 tweets
Kevin Bambrough Profile picture
3 Mar
As I chat with more and more people I know that we’re all over uranium in the 2003-2007 time period I’m still shocked how under invested they are now.

Also, I don’t care how good any uranium analyst out there thinks they are we are all in the same boat when it comes predicting
No one can model the number of new reactor builds we will have under construction in 5 years and certainly not in 10 years from now. The resurgence in interest surprising nearly everyone now
When we look at the most bullish forecasts for demand growth that have been produced I can’t help out laugh. #uranium demand is gonna blow the market away.

The super bears still control the narrative and pressure and push back on those trying to stick there neck out even a bit
Read 15 tweets
Kevin Bambrough Profile picture
3 Mar
So, we should get the ASX 300 announcement for $pdn $PALAF 2nd Friday on March (12th) hoping the momentum continues to the announcement and the index fund purchases that will typically take place over the two days following the addition.
But, the real question will this announcement cause a bit of a selling freeze in $PDN and $PALAF as shareholders get excited for the inevitable June addition to the ASX 200. If we get a sellers strike combined with continued Uranium ETF inflows then we will get a melt up!
It’s my belief that $U.TO is likely working to secure physical uranium given its premium to NAV. The market is telling it to buy uranium. They really need to take advantage of this rare opportunity and call a shareholder vote to allow it to borrow and buy as well
Read 9 tweets
Kevin Bambrough Profile picture
2 Mar
$uranium investing, commodity investing, timing is everything.

You have to told your nose and buy where there are bankruptcies mine closures and a complete lack of interest.

When mines look worthless due to low commodity prices.
When to sell? When you see enough funds entering the sector to restart mines and fund enough new mines that it appears there’s real risk of oversupply coming back.

For the most part I’d the commodity prices is heading higher stocks will continue to do so.
Stocks often will begin to look weak toppy perhaps a few months before the ultimate peak. But usually the two peaks coincide well together.

If your in early then you need not care much about the last 20-30 percent and are likely better off scaling out as your goals are met
Read 7 tweets
Kevin Bambrough Profile picture
24 Feb
The Uranium mining sector has been completely starved of funding for a decade. Major mines are shutting down not just because of low prices but many have reached their end of life.

They days of looking at the lowest cost producers as price setters are over
If you a conservative analyst that is setting uranium price targets of $45 or $50 (Some ridiculously are using $35) you are out of your fucking mind and are going to be made to look very foolish in the next year and a half
You don’t just fire up a new uranium mine over night. In fact uranium mines are some of the most difficult mines to permit in the world.

10 year bear markets in any commodity don’t end with a 50 percent price rise.
Read 6 tweets
Kevin Bambrough Profile picture
22 Feb
$pdn would be getting a lot more recommendations from financiers if they needed financing. But they have already historically spent equivalent of $1bln on infrastructure
That’s more than there current market cap so you get the massive resources for free. They are will be easily able to debt finance their way to resuming production when the market is willing to pay up
Don’t sit around waiting for the brokerage/finance community to come around an recommend $pdn. There’s little business for them so they will just continue to buy shares personally.
Read 6 tweets

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