elevateuranium.com.au/wp-content/upl…

Helpful when a company properly executes on a name change and ticker change with an updated presentation…
+100mm lbs sub $1 per lb valuation. Should be able to grow to +200mm lbs with relatively inexpensive drilling and then I hope they just shop the company and sell. Many companies obtained $3-5 / lb last cycle. Some $9-10/lb
I like owning some companies that are just built to sell. Screw producing, forget wasting money and diluting for capex. Prove up the lbs and let a major or nation state co come buy you.
The entire uranium sector would do best by not expanding production or rushing to build new mines. #makethempay #uranium just drill up resources and wait until we are north of $150/lb and then let some utility conglomerate buy you and fund the mine development
Personally when I consider he cost and time involved to discover, drill, permit, engineer, build and produce for cashflow and all the risks along the way if your can’t get north or $100/lb then it’s terrible ROI for every damn one of the companies out there

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More from @BambroughKevin

8 Jun
@greentardscycle @mrfriebe @Big_U_Dawg Yes absolutely. Recall upc selling last year and buying back stock when it traded at a large discount. Once the financially based capital flow hits a peak it will come off rather substantially with gme amc like vol. could easily run to $200 drop to $125 and $150 range
@greentardscycle @mrfriebe @Big_U_Dawg I think that the price will ultimately settle in the $100-150 range for the next decade or more. Could have spike very very high though
@greentardscycle @mrfriebe @Big_U_Dawg It wouldn’t surprise me if we end up with a crazy spike to $300-350 or more. If we did spike to $500/lb I would expect regulators to step in like they did against the hunt brothers on silver
Read 5 tweets
8 Jun
@greentardscycle @mrfriebe @Big_U_Dawg The only reason there will be redemptions is if a utility or large long term investor wants direct access to physical uranium and can’t get supply in the market.
@greentardscycle @mrfriebe @Big_U_Dawg For example. If a utility was having trouble sorting lbs in the market and couldn’t find supplies available they will likely be able to buy UPC and request to convert their shares to lbs at a facility.
@greentardscycle @mrfriebe @Big_U_Dawg In order to do this they would have to buy enough shares to equal 100k lbs and they would also have to have an account at an upc approved storage facility so that a book transfer could be legally made from upc to the fuel buyer
Read 17 tweets
6 Jun
Anyone know what’s going on with this project? Was it ever built? Is it operating ? limaohio.com/news/149379/li…
Read 7 tweets
4 Jun
One of the biggest ‘scams’ many governments have pulled on their hard working citizens is they way they agreed to report and manipulate the inflation statistics.
The rich and powerful can easily invest and benefit from inflation of all types and have prospered greatly under this ‘system’. Meanwhile the middle class and below have suffered greatly.
In the 70’s many removed house prices from their inflation numbers and put in place rents instead. Low inflation numbers encourage low interest rates and drove up housing prices to insane levels making massive profits for those already in but created risk and heart break
Read 15 tweets
16 May
When asked to explain what my method is for investment winning over the years I have often equated picking stocks to predicting songs rising on the hit list.
You might hear a song for the first time and think, that’s catchy.. I think it will grow on me. It’s the same thing with stocks and their stories. ‘That’s very interesting. Sounds like amazing potential I want to learn more’. Then you think about the boxes it checks
I think about people of all ages/generations and try to imagine what they will think. Like when I first heard ‘old town road’. It checked so many boxes to cover all ages and worked for the hip hop crowd to the country lovers. Mass appeal
Read 21 tweets
4 May
Today’s #uranium thoughts.

Upc upsides their deal to $70mm and it resulted in a plus $1/lb #uranium price jump as predicted. Will end up being close to $2 from the day before to the day after when it’s done.
I’ve read some commentary from brokerages and investors now reluctantly entering the #uranium space now for the first time this cycle.

I say reluctantly because the commentary is not overly bullish yet, which is great for us long term investors.

So many have missed the boat
For many years #uranium followers have heard the bear case that resulted from the Japanese and others curtailing nuclear plants and reducing demand. But that’s now being more than offset with modern new builds that consume greater amounts per facility
Read 23 tweets

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