Global Uranium Outlook

It is interesting reading all the posts (tit for tat comments). Ultimately they add no value to the debate over PDN or any other U company out there. I currently hold PDN, UEQ, WWR, DNN and LTBR with the last 3 being US stocks. In general I am a believer in U as a clean energy product and there is current spruiking going on stating that U spot price will increase in 2018 as demand starts to outstrip supply. This is supposedly off the back of new plants being built.

However despite this spruiking there is factual indications from governments globally supporting clean energy production in other areas such as wind and solar and news to retain or built cleaner coal plants. There is little in the way of news from governments that support construction of nuclear plants. I guess the primary concern is what to do with the waste byproducts from energy production using U as the communities generally don't want U waste dumps in their backyards.

I went into PDN as a speculative buyer with the view that if I lost my investment it didn't matter. It is stuck there now so all I can do is wait for the final recovery of death knell. UEQ is also a speculative buy and was trying to diversify into lithium which is all the rage at the moment. WWR (formerly URRE) have diversified into Lithium which appears to have kick started some share price recovery with an increase in the share price of 11% over the last month. DNN which are sticking with U have stagnated as has LTBR which specialises in Thorium production.

What I see, with my limited knowledge, is that several U companies are diversifying while others are not. The ones diversifying must be doing so for a reason and that reason is certainly not that they expect a recovery in the U market anytime soon. My question is do people on this forum believe that there is a future for U and if so what is the timing for this recovery? I read somewhere that there is an expectation that it might recover sometime by 2022. Five more years to wait for a recovery is a fair while to leave an investment sitting there.