Geiger Counter Share Discussion Threads

[energiser01] 17/6/2016 14:00

Unfortunately they have been saying this now for 5 years or so. More analysts jumping on now as they know at some point they'll be right, it's just a question of when, next 2 years or another 5........
Dyor etc. Etc.....

[dogberry202000] 15/6/2016 17:14

Interesting article

hxxp://oilprice.com"/Energy/Energy-General/Uranium-Prices-Set-To-Double-By-2018.html

[hugepants] 08/6/2016 21:31

Nexgen (biggest holding) up 6% today

[my retirement fund] 08/6/2016 20:30

Assume everyone keeps up with the fund managers latest fact sheets etc ?

[my retirement fund] 08/6/2016 13:45

Who ever is selling is a right old unconnected looser in the markets.

Most people who need to get a very large and significant holding shifted do so off market by calling round the city and finding an interested counterparty.

I just wish I had a connected broker to have been able to pick up the 250K lot yesterday :(

[jaf111] 08/6/2016 13:29

Mmmm.....maybe a bit of 2 way activity today.....400,000 sold at 13.5p and 400,000 bought at 14p..... So maybe some hope!!!

[escapetohome] 08/6/2016 13:14

Graph shows a slight upwards movement, but will that pesky seller once more show they dont know the nav discount here?

[my retirement fund] 07/6/2016 20:34

Seller has dumped a further 250,000 at 13 p today - jeez !

[hugepants] 07/6/2016 20:25

Yep the discount is greater than 35%.

I had a quick look at the portfolio. 96% of the portfolio is listed equities, almost all listed in Australia and Canada. And about 70% of the portfolio comprises pretty big companies ie. greater than £200 million market cap.

[jaf111] 07/6/2016 15:04

NAV now above 22p......
14p to buy = quite a sizeable discount!

[hugepants] 06/6/2016 21:16

2 June 2016

[my retirement fund] 06/6/2016 17:59

Large seller still here !

[my retirement fund] 06/6/2016 14:58

"Buyers" poxy predictive text!

[my retirement fund] 06/6/2016 14:57

Buters creeping in now and the large seller has not been active for a few days.

[dogberry202000] 16/5/2016 19:52

No posts for weeks. Is this what capitulation looks like? The news for Uranium has been doom and gloom for weeks. Surely now is the best time to buy. Cameco have shut down one of their mines thereby reducing capacity in the market. Others are doing the same. Will it make a difference to supply? We'll see. Personally, I think things will improve in the second half of the year.

[my retirement fund] 21/4/2016 18:04

Agree, right now there is a large seller holding this back as you may have noticed.

[hugepants] 21/4/2016 15:42

Its a good shout this actually and I picked up some earlier in the week. Looking at where this has come from, and if demand picks up as predicted over the next few years, then why not 50p+ medium term.

[my retirement fund] 14/4/2016 19:52

Discount to NAV now running at 30%

[my retirement fund] 12/4/2016 11:12

With a 25% discount to NAV here its a bit rude not to be buying imo.Dont you think?

[my retirement fund] 22/2/2016 13:34

All good things come to those who wait. Discount to nav should tighten tho imo

[tonsil] 22/2/2016 10:08

Feb 12, 2016 - China and Russia were again in the news this week as both nations forge ahead with plans for nuclear power export programs. China Nuclear Engineering & Construction Corp. plans to introduce a high-temperature, gas-cooled pebble bed reactor design in Shandong Province, south of Beijing. The company is scheduled to begin operating the twin 105 MWe reactors, which would reportedly be immune to meltdown, by November 2017. If this pilot plant proves successful, China hopes to begin exporting the reactor technology “within the next five years,” according to Zhang Zuoyi, director of China’s Institute of Nuclear and New Energy Technology. Russia is also moving forward with its nuclear export program, and expects to increase foreign orders up to US$190 billion within the next five years. Rosatom had foreign orders valued at $110 billion in 2015. In January, state nuclear entity Rosatom began construction of the Hanhikivi Unit 1 (1,200 MWe VVER) plant in northern Finland. Rosatom is building India’s six-unit Kudankulam Nuclear Power Plant and has signed an agreement to build an additional 12 nuclear power facilities in the South Asian nation. In addition, Russia hopes to sign a contract by year end to build a new reactor at Argentina’s Atucha Nuclear Station.

The spot uranium market saw a slight uptick in activity this week with just over 1 million pounds U3O8 equivalent traded. Utilities and intermediaries acted as buyers, with intermediaries and producers participating on the sell side. However, the increase in transaction volume did not correspond to an increase in price. Instead, the spot uranium price fell slightly as sellers competed for each new sales opportunity. Sellers have largely been counting on an increase in buying interest, particularly in the mid-term delivery window, to jump-start demand in the spot uranium market. Buyers, especially those with mid-term needs, see a market with sufficient supply and have little incentive to come to the market early. As a result, the uranium spot market remains static as both sides wait for the other to move. TradeTech’s Weekly U3O8 Spot Price Indicator is $34.00, down $0.15 from last week’s Indicator and unchanged from the February 11 Daily U3O8 Spot Price Indicator

from U info site

[my retirement fund] 18/2/2016 18:17

Market makers must be getting short of stock in the face of the ongoing discount to NAV

[sideshowbull] 07/1/2016 19:22

Look at URA, basically a "shell" uranium play funded until spot improves.

Maiden jorc 2m lbs.
Massive potential = a few mil to increase the resource all IN SITU recovery model.

Once the U308 spot price increases GCL and plays like URA will be uranium dust.

And GCL has around 5% in URA

BWTFDIK

sideshow