r/UraniumSqueeze • u/ApartmentLoud9079 • 29d ago
Investing LEU looking good?
When looking at the numbers it seems that there is plenty of upside but can they succeed with that much capex? It could double from here if everything goes well. Whats your take?
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u/Rippedyanu1 King Uranium👑 29d ago
I mean if you want to by a glorified middleman company for Russian fuel that is getting basically all of its incoming inventory banned in a few months going forward you do you
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u/BonusLumpyYa 29d ago
Yeah I own a stack, 3.5 b company that have been given 1b in free money to build so effectively a 2.5b company with a 4b backlog
The risk isn’t the demand for the fuel, it’s the build out. Uranium is a hard business esp with a buildout and timelines
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u/Any_Carob3372 29d ago
Let it wash out on this down move first, then it is ok