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Bullboard - Stock Discussion Forum enCore Energy Corp V.EU

Alternate Symbol(s):  EU

Energy
enCore Energy Corp. is a clean energy company. The Company is engaged in providing clean, reliable, and affordable fuel for nuclear energy as the uranium producer in the United States. The Company is focused on producing domestic uranium in the United States. The Company only utilizes the In-Situ Recovery technology (ISR) to provide necessary fuel for the generation of clean, reliable, and... see more

TSXV:EU - Post Discussion

enCore Energy Corp > Why $100 Uranium is Just The Start of a Long Bull Run
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Post by Betteryear2 on Jan 28, 2024 12:44pm

Why $100 Uranium is Just The Start of a Long Bull Run


13,745 Views Jan 23, 2024
Recording date: 23rd January, 2024 Uranium spot prices have crossed $100/lb, yet uranium equities have not seen commensurate gains. Keller explains that more sustained spot price appreciation is needed to signal upcoming contract negotiations before investors respond more enthusiastically. Mine supply remains unable to satisfy reactor demand, with top producers Kazatomprom and Cameco struggling to meet their own guidance targets. Meanwhile, several new reactor construction projects continue globally. This divergence suggests higher uranium prices are required to incentivize new production investment.

Why $100 Uranium is Just The Start of a Long Bull Run (youtube.com)
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enCore Energy Corp