DNN - Denison Mines -Bullish trends in Uranium 2024 and Beyond
Uranium Fundamentals and Thematic backdrop set for bullish decade after many years of muted price action in uranium spot prices.
Miners are currently showing capital outlay at prices that are lower than cost of production. (over supply and stockpiles from Cold war and interest in alternative green energies)
Denison is a serious player in the space and will be one of the largest mid-level producers once the mines are up and running (after 2025) it has licensed mills / building sites in the "Persian Gulf" of Uranium in the world.
Denison name is known to retail investors and speculators but has gone sideways for a year. Bullish posture has maintained and Uranium is now in a position to trend toward $60+ dollars per pound.
This means that retail narrative could get involved in Denison
just posting this up to see where it is in the future.
*****Commodities pump of 2021-2022 was possibly not a fluke but a hint at a longer term trend for the decade******
Miners are currently showing capital outlay at prices that are lower than cost of production. (over supply and stockpiles from Cold war and interest in alternative green energies)
Denison is a serious player in the space and will be one of the largest mid-level producers once the mines are up and running (after 2025) it has licensed mills / building sites in the "Persian Gulf" of Uranium in the world.
Denison name is known to retail investors and speculators but has gone sideways for a year. Bullish posture has maintained and Uranium is now in a position to trend toward $60+ dollars per pound.
This means that retail narrative could get involved in Denison
just posting this up to see where it is in the future.
*****Commodities pump of 2021-2022 was possibly not a fluke but a hint at a longer term trend for the decade******
