Uranium Cheat sheet
Free to use!
Hi Everyone,
I hope you had a good week! We harvested our first bok choy, lettuce, radishes this week as the sunny weather finally showed up in Ireland!
After a 3 weeks hiatus of articles, we are back with more analysis on uranium. The last 3 weeks have been focused on a lot of research. In today’s installment, I will not be covering much but rather share alive and free documents for everyone to use. It is my go-to resource to compare, evaluate, and make decisions in the uranium space.
I was first inspired by Rick Rule, who said, “if you can’t devote an hour a month per stock you own to research it and understand the business the company is in, then you probably should be invested in individual companies, to begin with”.. Midway through the exercise, I found out that John Quake and @Stokdog on Twitter had similar references. Still, they missed a few of the things I was looking for.
The project began to get bigger every day has my friends also encourage me to go further and understand relative valuations, fundamentals, and so on. I had a blast researching this information and hope you will find it as useful as I did. The picture below depicts a few of the metrics used. You will need to follow this google sheet link if you wish to see the full free version here.
I do not guarantee the accuracy of the data. On the day where it is published, the data will be. Understand that company presentation, insider data, inclusion in ETF, share outstanding, market cap, cash on hand, debt all fluctuate during the year. If you think I genuinely made a mistake, hey, we all do, please flag it, and will make my best effort to correct it in due time! You will have the short version in this google link. I am still on the fence to share the full version as it is much broader.
In the news:
Our friend, the very influential Chamath, is going all-in on Uranium. It’s great to see he is jumping on board!
Listen to him change his mind on this podcast or below!
2. A hedge Fund is repeating the same strategy that happened in the last 2004-2009. Article on Wallstreet journal
Portfolio
On the portfolio front, I changed broker and sent my business to interactive brokers. I used Degiro in the past but was annoyed that I could not include trade with a selling price at a higher price than 20% of the current price. I also was annoyed that I could not buy a lot of stocks on the Australian exchange. The final cherry on the Sunday was that I could not transfer my share from my recent private placements into my Degiro account. I had to sell all my stocks and repurchase them with was a great opportunity to review my portfolio allocation. You can now see that I am much closer to my desired portfolio allocation, where I have plenty of cash on the sidelines if the market were to correct. I started buying oil/gas/coal equities simply because they are extremely cheap. My portfolio now contains copper, gold, silver, uranium, oil, gas, coal. A commodity-driven portfolio!
If you think about changing brokers and think I provide any value to your investing life, please consider using my referral code :
https://ibkr.com/referral/maxime782
Interviews with CEO
The next upcoming interview will be with Paul Goranson from Encore Energy on June the 22nd at 2 pm eastern standard time or 7 pm Uk time/8 pm Paris/Rome time. Should you want to drop in to listen in or ask questions, you are welcome to do so! Just send me a quick note, and I will forward you the invite.
If you like what you read here, helped me spread the word:
As always, I appreciate every comment.
best
Max
Good work ... 👍
Sincere thanks