I'm not sure what the impact of an 'It's banned unless we need it' ban will be (waivers), but the $2.7 billion to support the tiny US #uranium sector is huge...
President Joe Biden has signed the Bill for the ban of imported enriched uranium from Russia into law. This will strengthen USA’s energy and economic security by reducing and ultimately eliminating, reliance on Russian uranium for nuclear power. #uranium
Many investors question the investment in $GLO. However, I find myself asking the opposite: why invest in anything else than GLO? While there are certainly risks, valuation risk isn't one of them.
Consider the typical #uranium company. Their valuations assume a significant rise
Looking forward to an interesting day on the #uranium market since #Biden signed the ban on uranium from #Russia . As the news spreads, this should be positive for #US companies like $EU, $UUUU, $WUC, $UEC, $URC... The magic number for activation of the #SPUT ATM today is 30.77…
Jeff Bezos grandfather was a co-founder of DARPA and involved with the Atomic Energy Commission when 300 pounds of Weapons Grade Uranium went “missing”
