Geiger Counter Share Discussion Threads

[7kiwi] 13/2/2024 10:03

I did a thread on Cameco's results. I think they're in a pickle for the next 2-3 years.

[1solon] 13/2/2024 08:35

Agree 7Kiwi - this was reported sometime ago on X (KB) I think CCO will become a good buy again once the U euphoria has quelled as it's vertically exposed to the full nuclear cycle but others more interesting at the moment

[7kiwi] 12/2/2024 17:47

Stocks not really responding yet, but spot on the move again. $103.75/lb mid according to Numerco.

[7kiwi] 12/2/2024 15:23

Buyback seems to have put a rocket under the stock today.

[bountyhunter] 09/2/2024 16:41

Next week will be key and the ascent may not have finished yet, nothing goes up in a straight line :-)

[7kiwi] 09/2/2024 16:39

Indeed. Closed above the 50MA and so far at least, the North American stocks (ex-Cameco) seem to be staging a small recovery.

[bountyhunter] 09/2/2024 16:30

So it looks like we are closing not far off 60p as I wondered earlier. The reason being that with that close I wouldn't say that the longer term chart has 'broken down' at the present time as it's based on closing prices not the intra day low earlier.

[walter walcarpets] 09/2/2024 10:40

This chart might calm a few nerves.

[7kiwi] 09/2/2024 10:10

I can see why Cameco sold off. It became very apparent that their order book is not very well geared to rising prices. If spot stays at $100 this year, their sensitivity analysis suggests they'll realise 58. If it goes up to 120, they realise 59.

But that should be bullish for other developers. And the very wide structural deficit is still there. Uranium is very volatile.

[bountyhunter] 09/2/2024 09:57

There seems to be more volatility with the GCL chart than say YCA where the chart has not broken down (as I type) if that's any consolation! Also if GCL recovers to around 60p by the close today you can still see an uptrend on the longer term chart here.

[bpdon] 09/2/2024 09:14

Wow, that is a rough couple of days. Like others have said, I also struggle to see what in the Cameco update yesterday justifies such a sharp and broad pull back across all U equities.

I don't personally ascribe too much value to technical charts. But it is hard to ignore that the trend since last Autumn now looks to be threatening to break down. Hopefully we see some stability emerge in the next few sessions and the volatility settle.

[jaf111] 08/2/2024 17:17

I hope you are right donald…..if so then definitely supportive of the full listing

[donald pond] 08/2/2024 17:06

Don't think so. I believe as it is a Jersey company there is no stamp

[jaf111] 08/2/2024 16:37

mmmmm…so company considering full listing on LSE, which could be positive if it did widen shareholder interest. I assume though that if this did occur then stamp duty would apply, which currently is not the case……..

[quepassa] 08/2/2024 14:02

Sector bellwether Cameco has just released Q4 2023 and FY2023 figures this morning.

Strong figures with buoyant outlook and expected STRONG FINANCIAL PERFORMANCE for 2024

Full-year EBITDA UP 93% on prior year

49% Westinghouse subsidiary improving.

See Results News Release direct from Cameco:


hXXps://www.cameco.com/media/news/cameco-reports-2023-fourth-quarter-results


Looks very positive to me.

ALL IMO. DYOR.
QP

[7kiwi] 07/2/2024 17:20

I think that's true QP. But market waiting to see what Cameco says tomorrow

[quepassa] 07/2/2024 15:06

What's going on with Kazatomprom in plain English and the impact on supplies to The West:-

The Oregon Group today :-

hXXps://theoregongroup.com/commodities/uranium/kazatomprom-worlds-largest-uranium-producer-flashes-red/


The major forthcoming reduction in supplies of uranium from Kazahkstan to the dependent Western World have not yet by any means had anywhere near their full impact on prices and supply.

ALL IMO. DYOR.
QP

[7kiwi] 05/2/2024 19:43

Spot off by a dollar

[7kiwi] 05/2/2024 14:54

NAV up, although will likely dip a bit tomorrow.

NAV.....84.09

FD NAV..76.37

[steve73] 04/2/2024 05:25

This video just popped up in my Y-T suggestions... might be of interest to investors here..?

Is nuclear power really that slow and expensive (to build) as they say?



Lot of what she says can be generally argued with, but overall I feel it's a worthwhile education.

[yupawiese2010] 03/2/2024 19:20

This is not my own work, - but here is a spreadsheet that shows both the supply & demand issues covering the sector, it appears to be updated quite often. & might assist a few people.

[7kiwi] 02/2/2024 16:18

Yes, NAV up strongly as North American stocks take a breather. But odd to see GCL down on such a strong NAV performance.

NAV. . .83.46

FD NAV 75.84

Edit: Good to see it closed slightly up.

[quepassa] 02/2/2024 09:02

Mega now up 200% since first mentioned by me nine months ago in May 2023 from C$.017 to C$0.51.

With more to come as NEXGEN goes from strength to strength benefiting both Mega and Geiger