/biz/ - Business & Finance

>>51155581
hello newfriends
during 2021: august 12 to sept 15, just one month of trading, uranium spot rose 65% from 30.45 to 49.65 setting roughly a new floor price for this year's fuel cycle -- only, this year, it never really fell, it never suffered any of the cycle's downside in 2022 leading up to now. the end of august, again. and today's price is 49.30.
and on the left here is the seasonality chart for 15 years, ending 2020. https://twitter.com/quakes99/status/1437101289117155341
things are moving faster now and popularity of uranium stocks is growing substantially. if we start with a baseline of another 60% expected move, and call that a +20% boon (bringing us to 72%) then discount all the recent stock price movement at fully half of that (bringing us to 36%) then the implied spot price of U comes to $67.05, and at that price, african and australian mines turn on.
deep yellow is valued at approximately 1/60th of its pounds in the ground. expect a 30x in the next two years after they break ground.