LONDON (ShareCast) - (ShareCast News) - Shares in Berkeley Energia are set to rise as its uranium mine near in Salamanca comes into production, the Mail on Sunday´s Midas column said.
With the ability to supply all the uranium fuel needed to provide for all of the UK´s energy needs over the next five-and-a-half years, it is the only one of its kind in Europe and the eight largest in the world.

The infrastrcuture around this site is also first-rate, lowering operational costs.

The uranium cycle is turning, but even at the currently low uranium price of $25 a pound the mine is profitable.

That suits Berkeley just fine, as the Salamanca project won´t enter into production until the backhalf of 2018, by which tiome prices should have recovered further.

Management is also keen to avoid issuing shares at sharply-discounted prices to finish bringing the mine into production and is looking at alternatives, such as debt or financing from future clients themselves.

Berkeley boss Paul Atherley´s track record also means an experienced set of hands are at the helms, so 'buy', said Midas.



Investors in DFS should be wary of the economic storm which is likely to ensue when Britain pushes to leave the European Union.

Like most retailers, its stock was heavily marked down in the wake of the referendum vote.

The shares are thus now 'on sale, but they are likely to remain so for quite a while, just like the two misleading ads it was rapped on the knuckles for last week which urged clients to buy now or miss its discounts.

'Sell', says The Times´s Inside the City column.


The Sunday Telegraph´s Questor team put in a good word for homeware supplier Dunelm.

Although high investment would nee dto be sustained in the coming financial year - together with higher marketng spend - analysts continued to expect its annual return of capital to more than double the ordinary dividend yield, the tipster explained.

So 'hold', Questor advised.

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