@EcoAdvocateHR@Yellowbull11 Problem is baseload requirement, which can't be solved by renewables (at least not yet). Nuclear is key in that role. As energy use continues to accelerate, more baseload is required. Renewables is the last 10 years. Nuclear is the next 50.
@rekurencja It's possible it drops further. But I feel like all these uranium and rare earth stocks are going to go at once, and I would prefer not to be on the sidelines when it happens. $UUUU has a competitive regulatory moat with the handling of radioactive material. Ok with uncertainty.
@rekurencja So now they'll have approximately 1.5B to work with, at very favorable interest rates. At what point would you consider buying back in? Vara Mada being completely derisked?
@KingKyl77163233@ErezShapira Not going to happen. Read the history of the Sunday Mine complex and EFR's previous ownership. They aren't buying it back.
@jaysonst Or maybe don't put the pitcher in who has a 6 plus ERA over his last 21 outings in a 1 run ballgame against the best part of the lineup. It's not second guessing, it's incompetence.
@TheWealthMiner I look at Energy Fuels, and how it's taken them 5 years to get to this point with their REE initiative. Forget about permits, what about expertise? It will take years to regrow an industry from virtual nil.