Oklo Inc

OKLO

Oklo Inc

@david
1 year ago

OKLO... down 60% from ATHs, is this an opportunity?

Current market cap is $3B, but these charts cause great concern...

Looking into their annual report... they bring up some great points

We were founded in 2013 with the goal of revolutionizing the energy landscape by developing clean, reliable, affordable energy solutions at scale. According to the International Energy Agency, global electricity production is expected to increase over 80% by 2050 driven by electrification of buildings, transportation and industry, increased use of air conditioning in the developing world and increased consumption from data centers. We address this demand by producing electricity and heat from our Aurora powerhouses which can run on fresh or recycled nuclear fuel. We are also commercializing nuclear fuel recycling technology that can convert nuclear waste into useable fuel for our reactors.

annual report link: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001849056/8bed5a51-dd20-49a3-a549-ebab52f03125.pdf

But ohhhh man, having no revenue is a BIG red flag. I need to do more research and see if significant revenue is imminent, lest the ghost of Charles Munger (rightfully) haunt me.