GREY:PLUUF - Post by User
Post by
Austinvrabelon May 28, 2018 1:41pm
156 Views
Post# 28089462
Opportune Time!!
Opportune Time!!I wish I had found this company sooner! But as they say, hindsight is always 20/20.
All of the fundamentals point in the right direction
- I like the fact ~33% of stocks are internal ownership. Often times, as another contribuitor mentioned, executive managemtn take higher pay cuts and have less stake (shares) in the company without the shareholders best interest in mind.
- This video the chairman Ian Stalker describes the benefits of the Falchani discovery in south eastern Peru. He also mentions that the current market cap does not reflect the size and scale of the company. Lots of upside and much higher valuation. https://www.youtube.com/watch?v=pC_CcliBB4o#action=share
- Peru ministry of energy & Mines and elected governemnt highly supportive and are working to ensure future uranium-lithium production in the country
- Volvanic host rock= No Li minerals = easier extraction= lower production costs
- Li demand growth driven by E-Vehicles; for every 1% E-Vehicle penetration = Li growth of 70,000 t LCE per year (Morgan Stanley)
- Growing uranium demand: Global demand for electricity to grow by >53% by 2035. The rise of nuclear energy. ( World Nuclear Association)
- Uranium recent supply discipline/erosion: Kazakhstan reduction > 10Mlbs/yr. Cameco removed ~ 25Mlbs/yr at McArthur-Key and Rabbit Lake. AREVA reducing niger production. Langer Heinrich- mining stopped.