Thread by @BambroughKevin

@DeFiFuture1 $pdn will likely have a nice run into the ASX 200 addition that should occur in December. This will complete the easy money trade from March-April 2020’s bankruptcy fear collapse to back to one of the largest listed mining companies in Australia

@DeFiFuture1 Instead of whining about the commodity cycles maybe $cco $ccj management should have don’t something to benefit it’s shareholders. Maybe buy companies? Maybe buy enough lbs in the 20’s to satisfy their contracts until Mcarthur is back online?

@DeFiFuture1 Seems like they are more interested in criticizing ‘market pundits’ who’s made 10x returns over the last 2 years then actually doing something positive to make shareholders money? These are the sorts of people that never admit they were wrong and change with the market

@DeFiFuture1 That sort of thinking is lethal for people who rely on investing for their retirement. The uranium cycle will play out based on the market deciding where to take the price of uranium. Not a few market pundits that just made the correct call early

@DeFiFuture1 Anyone who researches #uranium or any commodity and understand cycles looks at history. Inflation adjusts historical prices and considers the likelihood of that commodity returning to that peak value when a shortage returns to its market

@DeFiFuture1 The #uranium bull market we are in is the best ever. Period. Best Ever! Nuclear capacity growth will be the Greatest Ever! Fighting climate change plus the move to electric vehicles combine as to be the strongest catalyst ever

@DeFiFuture1 Supply concerns have never be greater. USA mining supply never lower and permitting difficulties never higher.

Major mines depleting all over the world and both the 5yr and 10yr out supply demand balance has never been so bullish

@DeFiFuture1 Uranium investing/hording etfs have never been so prevalent and powerful. The spot market will soon run dry. The ability to lock in 10 year supply agreements will soon be unavailable to many utilities. The price will most certainly run to the all time high.

@DeFiFuture1 And I firmly believe the #uranium price will exceed that old inflation adjusted high of $180/lb because every single data point for the uranium industry is more bullish or extreme more bullish than past cycles

@DeFiFuture1 Some pundits are saying the bull run is still a couple years off and they spend there time looking at the intricacies of a dying carry trade market. Well fuck the carry traders. Borrowing funds and making pennies instead of dollars. They are irrelevant to the big picture

@DeFiFuture1 All they do is shift marginal supplies a couple years forward or back. They don’t matter and will become more and more irrelevant as we proceed through this bull. What’s ultimate gonna matter is there will be utilities that can’t contract long term to cover there needs

@DeFiFuture1 Once we reach the point where utilities are open to spot because they can’t get fixed or spot discounted contracts with caps they will choose to go for certainty. The only way to get certainty will be to buy spot pounds. They will then be competing with each other in the market

@DeFiFuture1 The insane amounts of liquidy/money printing that global governements have generated will factor in this cycle. Many traders and investors will come to the #uranium space and there will be more than any cycle with multiples more money than any cycle looking to play the squeeze

@DeFiFuture1 Utilities will $200, $300, $500, $1000/lb etc for uranium if forced to. I expect that many market players will relish seeing how much they can be forced to pay. That’s what markets do

@DeFiFuture1 The greedy and aggressive $gme $amc @Official_WSB types will want to be all over this #uranium market. That is a certainty in my mind. It’s just too obvious of a trade. Tiny commodity that no one cares about… this inventory build cycle will suck up all available lbs

@DeFiFuture1 @Official_WSB The uranium squeeze is coming and owning $u.un is a lay up trade for the next few years. Sleep well with uranium in a can