/biz/ - Business & Finance

you want a strategy? hows this: 20 years of uranium sleeping. i wanted scalability but i compromised, i went solar and wind instead. i wanted clean energy, but i compromised, i went oil and fracking instead. see where im goin with this?

nuclear energy play from my standpoint:
>spot prices pre 2021 were 30$/lb
>spot prices since spiked to 100$/lb and current low is 50$ while median is around 70-80 dollars (this has been priced in since)
>regulatory uncertainty on whether or not uranium will be classified as clean (at least in eu)
>more funding overall secured if so
>china moving into nuclear to meet demand
>largest producer kazatomprom (ticker: KAP) warned that they may not be able be at full production capacity (lack of sulphuric acid)
>due to pandemic and rising economic tensions west is becoming more open to home-sourced uranium

if youre newfag with nuclear and bought into the greens and activist kvetching about dangers of nuclear, know that the waste problem was sorted ages ago and look at france as an example state
>many mines dormant and can be restarted any time to resume production

tickers to profit over the long-run (this isnt a short term play, youre in it until 2030 at least)
>CCJ (US/canada) (second largest producer and with KAP they have contracts with china)
>KAP (Kazakhstan) (largest producer)
>UUUU (US) (large stockpile of uranium and rare earth minerals mining ops, big potential manufacturer)
>UEC (same with uuuu, well positioned for home demand and export contracts)
bonus pick: Boss Energy in Australia, but my broker has me cucked out of that market

notable risks
>spot price volatility
>aging nuclear fleet
>long time to set up a mine or new NPP
>regulatory risk
>""""""climate activist"""""" protests

the ground floor was pre 2020, but theres still huge potential upside. not investment advice or something or other like that