Gravedigger Capital Profile picture
Jun 14, 2023 6 tweets 2 min read
#uranium #thread Problem with a prolonged bear market for a decade due to over supply, opaqueness, government subsidies, fuel cycle underfeeding & excess supply, etc. is that almost everyone talented leaves for better opportunities including the financiers. The problem when the 2) market turns & you try to restart production in that same market of no price discovery is the structural supply deficits, the opaqueness of the market, the end of subsidies (think mega tons for mega watts), the transportation issues for over 40% of U308 & EUP through what now