$KAP$CCJ Bought today as a long term uranium and rare earth element play. Stock seems very cheap looking at its potential upside. I can only put that down to the country, Kazakhstan, it is based in and beholden to the "autocratic" government there. Cameco $CCJ is its main competitor (#2 uranium producer). There's an argument that Cameco is the better investment as analysts seem to be predicting more upside in the stock price. However i'm taking the riskier investment and put 2.2% of my portfolio into Kazatomprom. The PE ratio and profit margins for $KAP are too good for me to ignore. Healthy ~6% dividend too. I have a very bullish view on the long term future of nuclear power. I've also invested in Rolls Royce too for their production of SMR's (small modular reactors) that are just coming into mainstream production. Thought about classifying this as a "Mining" post but when i look at that forum it seems to be mostly about crypto mining!!!
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