since 2017 #uranium spot price has gone up 333% and literally no new greenfield supply has come online, a few old brownfield restarts and thats it.
you can name any other commodity in the world and if price goes up that much you can guarantee new supply responds to that price.
we now have uranium deficits forecasted all the way out to 2045 and greenfields projects still have not come online.
we need to see significantly higher prices to incentivise new production, the squeeze is inevitable and it will be glorious.

Bluntz
@Bluntz_Capital
10-02
uranium deficits forecasted from literally right now all the way out to 2040 with no end in sight.
i've never seen an industry with such good long term measurable fundamentals as #uranium right now in all the time ive been trading.
even if U price skyrockets, it wont bring new x.com/wmiddelkoop/st…

300% in 8 years?
I can find a shit coin that does that in 3 hours though
(Kidding)
300% increase in spot price can typically equate to a 1000% increase in profits for producers, this isnt crypto, theres actually fundamentals at play here
Shh don't let the altcoin maxis hear you dissing in their fundamentals 😂
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content





