Yes, Trump may well want to do something about uranium supply within the US for strategic reasons which can only be helpful for PEN. It may give them opportunity to increase exploration within the US. Because production is constrained and PEN already has long term contracts, I cannot see it having alot of impact on PEN revenues for some time.
Another distinct possibility is that the US Government springboards the agreement with GE-Hitachi Nuclear Energy for the processing of tailings from their old enrichment plant(s) using Silex technology so as to get a commercial plant underway. According to Silex (SLX.ASX) they could produce enough natural grade uranium from the tailings to be the equivalent of one of the world's largest uranium mines.
Yes, Trump may well want to do something about uranium supply...
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$1.08 |
Change
-0.015(1.37%) |
Mkt cap ! $274.0M | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.12 | $1.08 | $237.1K | 216.2K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18320 | $1.08 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 4076 | 3 |
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