Thread by @BambroughKevin

#uranium is gonna rip just like #molybdenum has.. right to that all time highs. The break out and challenge the inflation adjusted high. The only question is when and what the trigger will be. Perhaps the sanctions coming this week will be the spark.

With the EU and USA both looking to sanction Rosatom things could get interesting. Could lead to aggressive stockpiling as well as captial flows from big fund managers. The sector is so frigging tiny it won’t take much to explode the price higher. People were shocked by sput

Well in this environment it’s possible to see $1bln of flows in a week attempting to buy physical uranium. Or $5bln trying to enter the space. Just look at the swing in market cap in a stock like $tsla alone. It’s an insane world full of maniacs. #uraniumsqueeze is coming

#molybdenum squeeze it here though folks $moly

Greenland Resources. Market cap ~$145mln fully diluted vs npv8 @ $40/lb of ~$4 bln

Do the math…

Price has doubled in a few months… thats why the npv is so nutty

But basecase it’s still $1bln npv it multiples higher

Is #molybdenum not the best performing commodity or late? And nearly nobody is invested.