R U deal could prove very timely indeed and provide big upside for long term holders given the outlook for uranium. Hang in there holders.
Executive Director Kevin Johnson presented a Uranium Market Update at the 2011 Australian Uranium Conference this week. Key messages from Kevin's presentation included;
* Investor sentiment towards the nuclear energy and uranium sectors has significantly deteriorated since Fukushima * Nuclear energy however remains the only plausible base-load CO2-free replacement to fossil fuels * Key drivers of nuclear energy demand (China, Russia and India) remain committed to their planned and proposed nuclear reactor builds * It is likely the uranium industry will emerge stronger and currently remains the commodity market's "ultra-contrarian" theme for investors
GDO Price at posting:
51.5¢ Sentiment: LT Buy Disclosure: Held