2nd chance to buy the uranium theme

While the structural imbalances in the uranium industry remains intact and the investment theme has years to run, spot prices and animal spirits get ahead of themselves sometimes.

So, as markets wash-out late comers and ‘unnatural’ participants, I’ll look for a pullback in the uranium spot price to around the $35-$36 level and I’ll correlate that into my preferred equity exposures as my next moment to accumulate.

May 25, 2022

by Rob Zdravevski

rob@karriasset.com.au