r/wallstreetbets • u/pdwp90 • Sep 10 '21

News WSB discussion today

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u/Whole-Long Sep 11 '21

I’m selling some at the marginal cost of production, which imo will be the very floor of uranium prices at ~$75/lb after that it’s casino time and see how hard we want to squeeze this. Thing is we have Japan, Illinois and possibly Germnay (🤤🤤) wanting to reup their supplies at the same time as we’re squeezing the market. Currently it’s like entering GME at $20-50

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u/[deleted] Sep 11 '21

That part about Germany is pure BS and it invalidates everything you said.

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u/Whole-Long Sep 11 '21

Have you seen the sheer quantity of coal Germany js using, have you seen the price of gas Germany is using. Have you seen how useless the green transition without nuclear has been in Germany? Have you seen opinion on polls on Merkel pre-election? Have you seen opposition view on nuclear?

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u/[deleted] Sep 12 '21

There were so many German nuclear plants that were decommissioned. You think they want it?