Uranium/Vanadium player huge potential. Educational.
Hello everybody,
Today I would like to talk about a company I have been in for a long term for a play on the return of the uranium market.
I believe that the uranium market has a big potential if you look at the risk reward ratio compared the past uranium prices.
the supply for uranium is shrinking, for example Cameco suspending production in their Uranium Mine.
Kazatomprom reducing their uranium production.
There is also a hedgefund buying up uranium to sell it at a higher uranium price when the market gets the price right.
Ok so now the reason why I'm writing this today is because of some very interesting news today from
UUUU
Today they announced they will start mining vanadium as well !
Vanadium is used to make large batteries (container sized) that are way more affective then lithium batteries. I'ts really interesting and worth a little bit of research on if you are intrested.
Lately the price for Vanadium has been rising already but if you think about the increased need to store power in this world it looks like vanadium has a huge potential to grow.
And last but not least UUUU is going to be the only vanadium producer in North America. Read the article in the last link to read more about this.
Basically the way I see it this is a nice way to play on the uranium market and at a new and unique market !
bloomberg.com/news/articles/2018-07-25/cameco-suspends-production-at-canadian-uranium-mine-indefinitely
ft.com/content/4ce3889e-6897-11e8-b6eb-4acfcfb08c11
enerdata.net/publications/daily-energy-news/kazatomprom-will-reduce-its-uranium-production-20-kazakhstan.html
finance.yahoo.com/news/energy-fuels-commencing-vanadium-production-100000129.html?.tsrc=rss
Thank you for listning and dont forget to follow if you like this idea.
Today I would like to talk about a company I have been in for a long term for a play on the return of the uranium market.
I believe that the uranium market has a big potential if you look at the risk reward ratio compared the past uranium prices.
the supply for uranium is shrinking, for example Cameco suspending production in their Uranium Mine.
Kazatomprom reducing their uranium production.
There is also a hedgefund buying up uranium to sell it at a higher uranium price when the market gets the price right.
Ok so now the reason why I'm writing this today is because of some very interesting news today from
UUUUToday they announced they will start mining vanadium as well !
Vanadium is used to make large batteries (container sized) that are way more affective then lithium batteries. I'ts really interesting and worth a little bit of research on if you are intrested.
Lately the price for Vanadium has been rising already but if you think about the increased need to store power in this world it looks like vanadium has a huge potential to grow.
And last but not least UUUU is going to be the only vanadium producer in North America. Read the article in the last link to read more about this.
Basically the way I see it this is a nice way to play on the uranium market and at a new and unique market !
bloomberg.com/news/articles/2018-07-25/cameco-suspends-production-at-canadian-uranium-mine-indefinitely
ft.com/content/4ce3889e-6897-11e8-b6eb-4acfcfb08c11
enerdata.net/publications/daily-energy-news/kazatomprom-will-reduce-its-uranium-production-20-kazakhstan.html
finance.yahoo.com/news/energy-fuels-commencing-vanadium-production-100000129.html?.tsrc=rss
Thank you for listning and dont forget to follow if you like this idea.
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