Patiently waiting for uranium entry point

August 7, 2024 Leave a comment

Remember all that uranium hubbub several months back?

While the structural deficit in that market remains a valid longer term theme, the prices speculators (oops, investors) were chasing was a different story.

I’m still calling (or at least waiting for) lower prices in the uranium price and associated listed public companies.

For example, I’d like to buy Nexgen Energy (NXE.TO, NXE CN) at C$5.30.

August 7, 2024

by Rob Zdravevski

rob@karriasset.com.au

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I want to buy Uranium, 27% cheaper

April 10, 2024 Leave a comment

#Uranium prices were recently basking in adulation.

As expected, that noise was occurring at recent ‘overbought’ extremes.

#U308 prices have declined since then……

while I remain a constructive longer term bull on the topic…..

I’ll look to add to uranium price “trackers” such as the #Sprott Physical Uranium Trust at C$20.50 and Yellow Cake plc at 450p

Their prices at the time of writing are C$28.43 and 616p respectively.

Uncannily, my suggest entry prices are approximately 27% below today’s.

April 9, 2024

by Rob Zdravevski

rob@karriasset.com.au

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Looking for lower entry points in Uranium

February 22, 2024 Leave a comment

Long time readers of my blog would confirm that I have had a structural bullish view on #uranium for some years.

For now (at least 3 or 4 weeks ago) the collective uranium basket is full.

If I could express what I think is next, through the NYSE listed share price of #Cameco, I’ll await for CCJ.N to come back to the $27-$30 mark somewhere in the May-July 2024 timeframe before adding some more.

February 23, 2024

by Rob Zdravevski

rob@karriasset.com.au

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