Uranium thread. I’ve seen some posts shilling uranium or uranium miner stocks/etfs. What’s your take on it? How do you invest in uranium if you believe in it? Are miner stocks actually good proxy’s for the asset? I’m not 100% convinced yet, isn’t nuclear energy pretty dead? Not 100% opposed either.
>>62276951Nuclear have no future it is not affordable compared to solar and wind. Oil reserves will last much long enough to allow economies to transition to renewables. Germany is already doing this and will be finished after 2030. Nuclear is dirty corrupt and dangerous.
>>62276951Anon from previous thread here. As I said, some "miners" like Kazatomprom are just not miners but also do further processing and arrange delivery to the client, an added value that may reflect positively on the share price compared to mere uranium prices.Only a few data centers for AI are actually fully built in America right now (see the many Ed Zitron articles on the matter), so that remains an early play. Good or bad, that’s what we’ll discover after DYOR.
>>62276993Nice to have you back. Took a look at Kazatomproms chart and it’s really been going parabolic since 2019 how have I never heard of this?
I have the same job as Homer almost, basically a safety inspector but more for individual jobs. Can bang out 5k USD a week for a month pretty easily, it's a contract gig so it's really up to you how much you want to work but I don't mind booking like 150k and having 4 months off. Very comfy stuff, lots of union work.
>>62277060Kazakhstan is not very trendy, and the materials sector even less so, so it went under the radar for a lot of people (including me). But that company is actually the world leader in its field, so definitely worth investigating.
>>62277073I heard that before actually, isn’t it basically just sitting around and waiting the only downside being that you can’t have your phone with you? What do you even do at a nuclear power plant
>>62277094Might be my first value investment then, even though the performance is on another level compared to the average value investments I’ve seen
>>62277096Yeah depends on what you get put on but it's 90% hanging around and waiting to support work. We still have laptops and shit so we can read books and watch movies n stuff or just sleep depending on how chill our boss. Nobody having their phones is based though but it's also a lot of fucking chitchat and card games and shit. It's also Boomerville central full of old fucks who work until they are 75 while having zillions of dollars holding on to seniority. But it's nice you can travel around a bit all over states, canada, england, there's some shit in Abu Dhabi but I heard it's basically a slave labour camp filled with jeets and pakis. There's basically every job though, electricians, welders, pipefitters, scaffolders, insulators, ironworkers, civil maintenance, water treatment, chemistry, rigging and craning (this one is lucrative because there aren't a lot of people qualified to run those big ass fuck off huge cranes).
>>62277159You travel around for that? Is the pay just high because of the negative stigma around nuclear power plants?
>>62277184You can travel around if you want or you can try to worm your way into something more permanent if you don't like the schedule. You'll get room/board/gas too ontop of that which isn't taxed and can come out to like 2-3k as well. I think it's just highly regulated, you also need security clearances and stuff too but there's still lots of criminals who work there. Depending on the type of reactor you might pick up a bit of dose too. I think there's just a shitload of money revolving around it and everybody is grabbing a piece of the pie, the turnover rate is surprisingly high but everyone in every position is doing their absolute best to milk the shit out of it but I think that's unionized work in general. There's a lot of shady shit that goes on, naturally.
>>62277232That’s interesting to hear, not for me though I’m outside the US. Anyways hopefully this thread doesn’t just die now
>>62276951Idk I bought FAT a week ago and was up 10% so I sold kekThey might turn out to be a major uranium and lithium miner but who knows.
>>62276991Germans are retarded. You're gay.
>>62276991Nuclear is none of those things. Only a gay would post this.
>>62276951Threw some money into the QTEX ETF at $1.29 I either made an investment into a future penny stock or picked something that can move. DYOR. I just threw a little bit in just to see if it moves. I also get into a habit of putting something on my watchlist and next time I see it the price has already blasted off.
>>62277159Unironically how do you get into this gig?
>>62277060>going parabolic since 201935% is not parabolic. How many IDs do you have to shill your shitty mining stocks
>>62278071Should have said outperformed the S&P since the 2019, my mistake. Also yes anon someone is trying to pump a stock with an 18 billion dollar market cap on a 4chan board with multiple IDs that is an effective strategy.
>>62278613It’s me, the Kazatomprom Anon, just with a different ID.That stock is a great opportunity, but there are also significant risks associated with a Kazatomprom investment. At first sight:>economic risk (what if all these American data centers don’t materialize in the end?)>financial risk (uranium may not get more expensive, due to the behavior of other market participants)>political risk (investing in any company where a government is the majority shareholder is risky, even more so with an authoritarian government, as national interests will always prevail over foreign shareholders’ interest)>geopolitical risk (country selling to the U.S. and other Western powers, while being physically located between China, Russia and Turkey)>legal risk (you’re likely holding a GDR and not directly shares from the Kazakh stock exchange, which also have their own risks btw)>foreign exchange risk (USD is not the currency of Kazakhstan)And so on. That explains the lower valuation of the stock. Still looks very interesting though.
>>62279123Yeah that those data centers might just not materialize is definitely the biggest risk here I think. Don’t know much about what the risks of holding a GDR is desu. Definitely not a sure thing and definitely not something that could moon like NVIDIA so not quite convinced yet.
>>62281146Why the fuck did my autocorrect put desu there. Why is that even possible
>>62276951Uranium mining companies don't get to capture much of the profits on that value chain.
There is a commodities market for uranium? Yellow cake or enriched? Where do I store the powder and rods?
>>62276991Who let you post, Klingbeil. Schwuchtel
>>62281146>Don’t know much about what the risks of holding a GDR is desuThey’re mainly a consequence of the geopolitical risk in this case. After the Russian invasion of Ukraine in 2022, all the investors who were holding GDRs of major energy Russian companies on the London Stock Exchange (Gazprom, Lukoil, Rosneft, etc.) couldn’t trade these GDRs anymore due to sanctions. Now they’re holding virtually worthless certificates instead of actual shares in a company. Can’t sell them, can’t even get the dividends, might convert them into shares but it’s convoluted and expensive.Not the right instrument to hold when things go south.
>>62276991this has to be bait.Germany is regretting hard its decision.France is now even more dominant in europe due to its nuclear park.Nuclear might go very wrong if poorly managed like tchernobyl, but that's really the only downside (nuclear wastes will be soon launched straight into the sun by elon musk)
>>62277232>Depending on the type of reactor you might pick up a bit of dose toothat's not supposed to happen or i least i thought so?
>>62284734All the nuclear waste in the world takes almost no room at all. It’s literally nothing. See picrel.
