Hey Uranium Bugs!
The company buys and stores uranium in the form of yellowcake (U3O8) and uranium hexa-flouride (UF6) with the primary objective of growing Net Asset Value through an appreciation in the uranium price.
It is not an ETF and the underlying product cannot be redeemed or delivered against the shares like the GLD ETF .
It is a traditional closed end fund that trades at a premium or discount to its net asset value.
The company releases the NAV of its uranium holdings at the market price every month end.
Using end July figures, the company had a per share NAV of $4.37.
For reference, the shares closed at $4.33 in July, more or less in line with the NAV .
This is the lowest risk way of playing the uranium cycle!
Stay ahead of the masses,
Seth Maniscalco
Founder, Crypto Wealth Coach LLC
Owner, Modern Wealth Management LP
www.CryptoWealthCoach.com/VIP
The company buys and stores uranium in the form of yellowcake (U3O8) and uranium hexa-flouride (UF6) with the primary objective of growing Net Asset Value through an appreciation in the uranium price.
It is not an ETF and the underlying product cannot be redeemed or delivered against the shares like the GLD ETF .
It is a traditional closed end fund that trades at a premium or discount to its net asset value.
The company releases the NAV of its uranium holdings at the market price every month end.
Using end July figures, the company had a per share NAV of $4.37.
For reference, the shares closed at $4.33 in July, more or less in line with the NAV .
This is the lowest risk way of playing the uranium cycle!
Stay ahead of the masses,
Seth Maniscalco
Founder, Crypto Wealth Coach LLC
Owner, Modern Wealth Management LP
www.CryptoWealthCoach.com/VIP
