Provided that western governments actually walk their talk and start to fund their local minerals industries with significant cash as promised, then we can expect a big turnaround, particularly with hybrid companies like Energy Fuels that are playing both the Uranium and REE angles. Without that, however, everything is basically dead in the water since China heavily subsidizes their minerals sector, simply no way to compete with China without massive financial backing, and the private sector is unlikely to take on that risk without western governments stepping up to the plate. As it stands it's existing shareholders that are taking it on the chin (read: dilution) while companies attempt to bridge the gap between now and some future time when public/private funding pieplines open. Not all doom and gloom, however. Energy Fuels' recent capital raise (upwards of $1 billion USD) only dilutes shareholders when the share price hits $30! Incredibly favorable terms, and speaks highly of institutional investors' belief in the company moving forward; that, or they really got in wrong on UUUU :) Let's see where things are at in Q1 2026 when the Big Beautiful Bill kicks in and post-government shutdown backlog starts to clear up. If the overall market doesn't completely tank in the interim I'm feeling optimistic about the minerals sector moving forward. Hang in there and good luck fellow investor :)

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I’m assuming you sold your REE positions then? You do realize most of those were meant to be held for at least a year, right?

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