4 Comments
Oct 23, 2023Liked by AlmostMongolian

Good article

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Oct 29, 2023Liked by AlmostMongolian

The only way the current valuations of many uranium miners and developers can be justified is for uranium price to stay above $80-90 for long term. If one is bullish on commodities in general, and precious metals and uranium in particular, $SII can be a safer play. When the bull market takes off, the value of its existing AUM goes up, in addition to new money flows into its products. During the commodity bear market from 2012 to 2020, $SII was able to pay its dividends each year.

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Oct 28, 2023Liked by AlmostMongolian

I would just buy an Uranium ETF. Like Sprot Uranium ETF. A bet on the price of uranium is safe. The producers are way too expensive. I agree 100%. With holding Uranium as a protection against inflation not a lot can go wrong. The upside is considerable and the downside is limited.

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Oct 24, 2023Liked by AlmostMongolian

End of the day there is a structural supply-demand imbalance with deficits in coming years, supply is not responding and incentive price lies ahead (90-100$). I look no further. That gives 50% upside in financial vehicles. Above that lies a speculative trade of higher prices, that I think will be achieved because of this structural deficit. At the end of the day, this is the thesis.

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