GREY:UEXCF - Post by User
Post by
mangoeon Apr 12, 2020 6:01am
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Post# 30900276
John Quakes on Uranium Cameco
John Quakes on Uranium CamecoIn May 2006, when Long-Term #uranium price was $45/lb ($31.00 today) Cameco $CCJ was trading on Enterprise Value/lb #U3O8 of US$24.57. Today $CCJ trades at just US$2.88 EV/lb... over 8X less on a Long-Term price that needs to rise just 45% to hit $45/lb = #Nuclear Leverage! 