RE:RE:RE:RE:Put your shares in your grandchildren's account...So I posted this a while back when I came across the article citing Robert Reynolds in the Globe and Mail... this is old news.
The questions I asked below still stand.
I go looking for the bad stories and the good, I take a look at them, I look at the basis for the assumptions and predictions - I still don't see how he could have produced "his" so called catolgue. I can't give his appreciation of the supply demand any credibility - he scores a zero.
THE HISTORIC POST FOLLOWS....
Anyone here have access to the report authored by Robert Reynolds of CS apparently written last month downgrading CCO/U?
Took this quote from the Press Reader site ...
Au contraire, writes Robert Reynolds of Credit Suisse, who authored a deeply pessimistic report on Cameco and uranium last month. Mr. Reynolds said he catalogued demand at hundreds of individual nuclear plants and figures that the uranium market oversupply will last until the late 2020s, versus bulls who figure it ends in the early 2020s. (That’s what passes for a bull case in uranium these days, one supposes.) Mr. Reynolds says his estimates are in line with the “low case” outlook released by the International Atomic Energy Agency.
Interest is in verifying how he "catalogued demand". Anyone have an insight into this?
For example how does an analyst obtain accurate information from say the Chinese government? Cataloguing demand is only one half of the picture - did he address: supply? i.e. secondary sources, growing reactor construction, falling production, etc. Lots of questions to be answered. It is not good enough to catalgue demand only.
Thnx - B2S2