Oklo (stock specifically) is down so much and seemingly performing like “ultra speculative” Quantam stock. Here’s a few things that confuse to me as a believer:
1) They are quite literally 2 YEARS ahead of anyone attempting SMRs from a regulatory, design, and financial standpoint.
2) The DeWittes’ (Founders-Jacob and Carolyn) have retained nearly almost all their majority equity stake, even through the 600% runup last year.
3) Their plutonium allotment from DOE/Fed Govt is essentially exclusive versus competitors . The same for their U-235 supply from early 2025 (only they and Terra Power).
4) All timelines they’ve stated have been on track and I am yet to see delays.
5) They haven’t over spent their cash reserves, issued no further debt, and other than a 5% dilution last year - haven’t created any negative shareholder value.
And lastly 6) The electricity demand our country now requires for everything, has not changed but increased.
I’d love to know what I’m missing here if anyone can provide insight. Best of luck to all and happy trading!