Berkeley Energia Share Discussion Threads

[ascov] 06/5/2020 16:24

18 months ago it tanked after unsubstantiated Spanish media reports that it would be denied a licence by the Government for environmental reasons. It had been trading in a 40-50p band.

Now the Spanish government will be desperate for employment and Industry. I know of no rumour of approval but the reports have been positive, this, plus the 30% rise in the Uranium price this year makes a re-rating no great surprise.

My guess is that it's got further to go yet and any firm report of approval will send it back close to previous levels. The world needs Uranium...they've got some... Spain needs the money.

This is of course a guess...but …..

[martindjzz] 06/5/2020 10:44

I hope something is going on but we have had many false dawns with BKY. I bought back in a few weeks back on what I thought was a very small chance of a very big win having previously sold out a big loss. It is not like me to have a pure punt but this is one.

[matt123d] 06/5/2020 08:53

Something's going on!

[kpe] 06/5/2020 08:41

Some ramping on twitter.Cash to market value. I don't think they realise the market cap is sterling and the company reports in Austrialian dollars and constantly running at a loss.

[dogberry202000] 06/5/2020 08:26

All I can say is "what the heck is happening here"?

[matt123d] 04/5/2020 11:47

Added a few here, difficult to buy. See if it can get back to the 20-30p range.

[ascov] 04/5/2020 11:36

Nice movement lately. If you were in the dire economic state the Spanish government is in., accelerating approval for a world class resource might seem a very good idea

[dogberry202000] 24/3/2020 15:59

The dire shortage of new supply coming on within the next five years "may" cause a think a reappraisal of BKY.

[dogberry202000] 24/3/2020 15:57

The closing down of mines (Cameco has just closed, "temporarily" their main mine Cigar Lake) Others are either closing or will soon. The utilities need to secure new contracts as the current ones roll off. Nuclear power must continue through this emergency. There are other catalysts.

[martindjzz] 24/3/2020 13:29

You might be right Dogberry but what sequence of events do you foresee whereby current shareholders will benefit?

[dogberry202000] 24/3/2020 13:09

Mines shutting down and BKY's could be uo and running in a short time-frame. A far higher U308 price this year and next will focus minds. Added.

[dogberry202000] 04/3/2020 00:19

No new uranium mines for several years. Demand is set to grow. This company has a world class resource and mine set to go. Politics are changing vis-a-vis uranium and its necessity to avoid climate change. Tick tock!

[laptop15] 29/1/2020 10:04

https://twitter.com/laptop1515/status/1222457833532395520?s=19

[laptop15] 25/1/2020 19:14

https://twitter.com/laptop1515/status/1220699056936300544?s=19

[laptop15] 15/1/2020 14:49

Any news due here guys?? All quiet so far

[mrpiggy] 16/12/2019 13:29

Great article acuriousinvestor, certainly something to consider for the future.
The question here is wether the economic argument from the Spanish government outweighs the environmental arguments and IF they do then how will the Spanish government appease the Portuguese government as the Salamanca mine is so near the border.
IF the permits to build the mine are passed then the share price will be multiples of the current share price but I think they have geography against them.
Watching very closely though.

[napoleon 14th] 08/12/2019 23:21

Outlook on the sector:



Dunno how this could have sway on BKY.

[acuriousinvestor] 27/11/2019 11:06

Hello all. If you're interested in uranium investment I recently wrote an article for Crux Investor that might be worth checking out: hxxps://cruxinvestor.com/opinions/energy-fuels-patience-is-a-virtue/

[piedro] 28/10/2019 10:44

"Permitting Update:

- The Company continued to engage with the relevant authorities in a collaborative manner in order to facilitate the timely resolution of the pending approvals required to commence construction of the Salamanca mine.

- Company representatives have recently met and had constructive dialogue with officials from the Ministry of Ecological Transition, the Regional Government of Castilla y Leon, and the Nuclear Safety Council ("NSC").

- The legal challenge that the Company had previously lodged against the procedure for the 2019 appointments to the Board of the NSC was withdrawn during the quarter.

- The Company has provided the NSC with additional technical documentation requested in relation to the Authorisation for Construction (NSC II), and continues to await their recommendation report.

- Subsequent to the end of the quarter, the Spanish National Court fully dismissed a contentious-administrative appeal filed by a group of opposition parties against the Initial Authorisation (NSC I) for the treatment plant as a radioactive facility that was granted to the Company in 2015.

so, PTIYPASI ....
:-)

[dogberry202000] 11/10/2019 22:06

Big volume today. I added a few more at one of the highest prices today. ;) Still, something unusual is stirring here and it may be more than the new Spanish Election! Given the recent cash boost I'm happy to stay for some time.

[dogberry202000] 28/9/2019 12:18

"Clearly things are certainly" rosier than one would have thought, at BKY, Deacon. Who would have guessed!

[rotors] 11/9/2019 09:36

Burst of buying this morning.
Results due I think end of September.
We need some news BKY......

[the deacon] 11/7/2019 08:15

Clearly things are certainly not rosy at BKY