Very pleased to see them finally speaking more to their progress. US is investing heavily into next gen Nuclear Energy and Centrus couldn’t be in a better position to capitalize.
Decided to trim 1/2 my position this morning to lock in some profit. I’m curious how the share price behaves in this area, as it is near the top of its 5y wedge formation (not that that means anything, really) just an observation. It could blow right through the top of it’s trend with more news about their HALEU prospects, which is why I kept 1/2 of my position. I do plan to repurchase what was sold this morning, but want to see if it comes down any in the next month or so.
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Another MOE to supply HALEU in the books!
Can’t wait to see how the share price responds tomorrow. It responded fantastically to it’s MOE with Terra Power in July seeing a ~12% increase to their share price. Let’s see if similar results come from MOE signing between $LEU & Oklo Inc.
Read article here:
https://investors.centrusenergy.com/news-releases/news-release-details/oklo-and-centrus-energy-sign-memorandum-understanding-fuel
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Centrus Energy will begin making HALEU in October… 2 months ahead of schedule!
News Article:
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