Always a POSITIVE sign....When private financings for speculative small caps like Standard increase their orginally announced financing deals. Why? Because this means there's some REAL demand & interest for these types of deals and for this BOOMING sector. And private equity & investors are willing & able to take on more risk than would have otherwise. If that wasn't the case, highly risky spec plays like Standard would have a VERY tough time finding capital & cash infusions........let alone at decent terms or increasing the size/demand!!.....Like it was done here in this news release.
So a VERY positive sign & development for sure. As for the Uranium & the sector itself, i'm astill betting this one of the better sectors for investors to be in for the next 5 years and if things play out as expected, it should also provide them with very lucrative ROI's. The question here is timing & when NOT IF. I'm beeting the fireworks might probably start some time this year, close to or AFTER the 2024 Presidential Elections.
My take? My assessment is thr following. Imo, NO MATTER who is elected into Office, whether it's another term with a totally incompetent Sleepy Crazy Joe or Trump or someone entirely different......it won't matter because Uranium doesn't care & doesnt discriminate on ANY basis. just like death & taxes. Uranium will do what Uranium wants to do, using the basic laws of supply & demand.
So buckle UP my friends, 2024 should be an very interesting & exciting year for investors, especially Uranium enthusiasts ......and of course STND holders.
GLTA