More positive news for the Uranium Sector. Jefferies upgraded the Australian uranium miners yesterday with $PDN, $BOE and $DLY rallying 15-20% & up another 4-5% today.
Last night $U.UN announced a bought deal of US$100M to buy physical Uranium. This was upsized to US$200M.
Look for $1164 to continue its rally today.
US and Candian listed miners ralllied 5-10% last night. Still a niche sector.
SUMMARY
A review of recent events/data impacting our investment themes and outlook
What are major global bond markets telling us about the world?
We look at potential beneficiaries of the next wave of inflation