The Swedish election results are inline with public opinion.
60% of Swedes want more nuclear power.
Largest supplier of uranium to Sweden is Russia.
800mlb uranium deposit is the worlds 2nd largest.
Could be years from development though
The swedes have been closing nuclear plants.
Keep and eye on it/ b
break 9,55 with volume come back successfully test it and its on wards an upwards
some interesting news of them having enough money for share buy backs
There are arc furnace coming on line 2024 could suffer with higher electricity Prices
worth keeping an eye as volume has been good
Relying on Nexgen mine to be built and then riding on the infrastructure build out.
Restriction of Kasprom will leave many western sourcing there supply from Canada who as 10% of world supply, but will definately expand.
1-3 year play with high volatility
its hard grade reserves are under a...
Have now proven there is a working conventional petroleum system in the Kavango. Now the objective is to master it. interesting play sitting on apotentailly a world class oil field. Short sellers Viceroy have been accused of“intentionally false allegations”. Close to the buy zone again!
large volume yesterday. 18% gain
The stock suffered when the goverment protected homeowners in early 2020
hence the continuation of the falling stock
with benefits and protection set to disappear this could get interestingwe may have bottomed in non-performing loans
Lots of resistance needs to be broken... after $15 could climb rapidly if the USA does go into a recession.
beneficiery of the lighter end of the NGL barrel
2 times cash flow
Billion dollar infrastructure asset ( possible to drill on lots of land if price stays around these levels)
Margin is good at these prices
keep eye on service costs
needs $4 gas
SandRidge plans to cut total output further to between 4.8 million boe and 6.2 million boe
Just checked out my mates facebook timeline... as he has now started posted lessons learned like we are through this.... maybe time to take some money of the table... although im only in Uranium and tanker stocks
Arrived at the lower support line quicker than i expected, picked up 300 at 9.65, of which it then fell further. sitting quite uneasily on the Fib 0.5, a downtrend and a uptrend!
Positives its above the support line for the third time. needs to stay there.
Negatives the RSI is still in a downward trend.
Are the miners leading the way for a fall in the Uranium price?
Price peaked at $28.8 on November 29 2018... it is now $8.50
Would like to see it jump the downward trend.
Vanadium is used in aerospace, military defense, large-scale energy storage, and steel-strengthening agents.
China controls 60% of the global vanadium supply.
US imports 100% of its vanadium.
China’s vanadium supply is insufficient to meet its own domestic...