Post by
Troyhorse on May 09, 2024 3:15pm
DYODD :-)
From the Q1, 2024 FR:
As Denison has avoided entering low-priced uranium supply contracts in recent years and has held its physical uranium investment to support future project financing efforts for Phoenix, we are now in an enviable spot with significant uncommitted uranium production and physical holdings potentially available to the market at time of expected scarcity. Taken together with continued geopolitical instability and the expected emergence of significant additional demand from new nuclear builds, it is an ideal time for our Company to be readying to build a low-cost Saskatchewan-based uranium mine.
Comment by
MightyMorf on May 09, 2024 3:32pm
You would think that Cameco or another entity would be making a run at Denison in the near future.
Comment by
Troyhorse on May 09, 2024 3:47pm
Reason why I have not sold any shares of DML while I have sure traded UEC and hold no position now. If DML hits above $3.75 then yes I will start trading a few DML, but always keeping some in the pocked just in case it goes to the moon on a take over JMHO