Uranium juniors claiming 'great leverage to uranium because we don't have a contract signed' are actually revealing a vice, not a virtue: lacking a contract means they cannot finance because bankers have no certainty of repayment.
causalpending
Speaker
Rick RuleEvidence Quote
“A lot of them are going to say, 'We have great leverage to uranium because we don't have a contract signed.' What that means is they can't finance. If you don't have a contract signed and the banker doesn't know that he or she's going to get paid back, they won't lend the money. So, what they're holding out to you to be a virtue is in fact a vice.”
Created: 8/13/2026, 10:19:24 AM
My Notes
Loading notes...