BigBrainsOnly
Posted - 1 hour ago
$EU choose Paul
G_33
Posted - 1 day ago
$EU Let’s go.
HaciendaNapoles
Posted - 2 days ago
$UUUU $UEC $EU $DNN my retirement stocks
DetroitSpartan
Posted - 3 days ago
$EU I'm one of the 15 watchers......lets. get. rich.
Napalm1
Posted - 6 days ago
Breaking: Russian restrictions announced on deliveries of enriched uranium to the USA!!!
This concerns uranium supply from Russia and all uranium going through Russia for enrichment in Russia (uranium from Kazakhstan) before going to the USA.
Russia is the biggest enricher in the world…
This is a problem for USA
Uranium spotprice is jumping higher
Physical uranium can be bought through Sprott Physical Uranium Trust (U.UN) and Yellow Cake (YCA)
$URA $EU $UROY $SPX $COPX
Napalm1
Posted - 6 days ago
It’s not a small jump higher
$URA $CCJ $EU $DNN $NXE
stockliss
Posted - 1 week ago
$EU this thing is getting manipulated like there is no tommorow. Goes down 6% by mid day and then up to opening price- not normal. Definitely algos... are working extra hard.
thewalkingdead
Posted - 1 week ago
$EU Still at 15 watchers....
thewalkingdead
Posted - 2 weeks ago
$EU Uranium and $TSLA Lithium refinery are neighbors.... I feel a connection coming.
DonCorleone77
Posted - 2 weeks ago
$EU EnCore Energy sees Q4 uranium contracted deliveries 190,000 lbs. enCore Energy provides the Company's contracting strategy and 5 year forward outlook regarding its uranium sales agreements. As of October 31 the Company has executed seven contracts to supply uranium to nuclear power plants in the United States and holds one legacy contract with a uranium trading company. The company said, "Our Contracting Strategy Outlook represents our annual contracted sales only. This Contracting Strategy provides enCore with significant exposure to future spot uranium prices on a percentage of our future planned production. The Company's Contracting Strategy has achieved the objective of establishing a base level of revenue while retaining significant exposure to upside price action. Sees Q4 uranium contracted deliveries 190,000 lbs, FY25 740,000, FY26 920,000, FY27 925,000, FY28 750,000; and FY29 955,000. The Company intends to provide updates to the Contracting Strategy and the 5-year forward-looking revenue projection in the 4th quarter of each year providing transparency and notes that this is not intended to account for the Company's total production or revenue for any given year.
G_33
Posted - 10/29/24
$EU Let’s go. You have been struggling, snap out of it.
info_is_key
Posted - 10/29/24
$EU Interesting reference to an interesting project https://mining.beehiiv.com/p/jim-s-mining-letter-october-29-2024 Worth reading
thewalkingdead
Posted - 10/28/24
$EU I am ordering my yellowcake from Encore. I am in.
UncleStock
Posted - 10/24/24
$GTBIF $BWXT $EU suggested for #Uranium - value screen: https://zpr.io/nMGgy
Napalm1
Posted - 10/22/24
The longer producers/intermediaries/utilities wait to finance lot of well advanced uranium projects, the more their operational inventories AS A GROUP ⬇️, the more explosive the coming fight for lbs from primary supply will be
That’s why I’m big buyer of U.UN and YCA
Pure math
I’m not talking about an event many years from now
All major producers & couple smaller ones are all selling more uranium to clients than they produce. The uranium they don’t have, reduces their operational inventory day by day, until they are forced to tell clients: “Go look for lbs elsewhere”
Who is going to greatly benefit from this at sales & cash flow level?
#uranium companies gradually increasing production with lbs not contracted yet: DNN (180k lb in2025), PEN (prod start in December2024), LOT (prod start in Q3 2025), UEC, EU, GLO (prod start early 2026)
$URA $NXE $EU $DYLLF $URG
Napalm1
Posted - 4 weeks ago
At 1st some Lotus Resources shareholders will not appreciate this:
October 8th announcement: Initial Restart Capital ⬇️ from 88M USD to 50M USD, moving 38M USD to capital expenditures after the restart => ⬆️ AISC from 36 to 44 USD/lb
October 22th: Capital raise of 73.7M USD + 10M USD
1,831,216,106 outstanding shares
+ 500,000,000 new shares
Total shares: 2,331,216,106 shares *0.25 AUD/sh = 583M AUD (390M USD)
LOT EV/lb: 1.91 USD/lb (0.25 AUD/sh)
PDN (2007 owner of Kayelekera uranium mine) EV/lb in February2007: 23.04 USD/lb
=> Prod start Q3 2025!
23/1.91=12x
AISC back to 44 USD/lb vs uranium spotprice >83 USD/lb
LOT contracted 1st 1.5 Mlb uranium delivery for2026-2029 vs 19.3 Mlb production over 10y starting in Q3 2025 => Only 7.78% contracted => 92.22% can be sold at >83 USD/lb
=> LOT is about to print a lot of cash soon
$URA $NXE $EU $DYLLF $URG
Napalm1
Posted - 1 month ago
DNN & Orano restart small uranium production of McClean Lake North in2025
I expect Orano to buy the 22.5% stake (180k lb) of DNN in 800k lb annual uranium production at spotprice
Utilities & producers fighting each other over lbs from primary prod of others
Majors will ask lbs from Peninsula Energy, Lotus Resources, Encore Energy, Denison Mines(180k lb/y), Uranium Energy Corp
And starting 2026 Global Atomic too will also be asked by majors to sell them uranium
Note: Those additional uranium productions in 2025-2026 will not solve the annual ~40 million supply gap and growing. But will be big wins for those smaller uranium producers
$URA $NXE $EU $DYLLF $URG
Napalm1
Posted - 1 month ago
Olympic Dam also producing less than hoped
$URA $NXE $EU $DYLLF $URG
Napalm1
Posted - 1 month ago
Market caps:
Amazon: 1.949 trillion USD
Microsoft: 3.082 trillion USD
Google: 2.031 trillion USD
Combined market cap of ENTIRE uranium sector:~80 billion USD
U.UN (SRUUF): 5.429B USD
YCA: 1.269B GBP
1y fuel for 1000 Mwe reactor: 450k-500k lb/y * 200 USD/lb = only ~95 million USD
$URA $NXE $EU $DYLLF $URG https://x.com/napalm_1_/status/1845971108513960084?s=12&t=HC3QWmu_44Q8FH4a5HcAmg
couchd
Posted - 1 month ago
@Quanticobabe40 $DNN $URG $NNE $EU
Napalm1
Posted - 1 month ago
When I calculated the Net Asset Value of Mega Uranium MGA, it was based on a share price of 9.77 CAD/sh for Nexgen Energy NXE
Today NXE share price is ~10.40 CAD/sh instead of the 9.77 CAD/sh used 2days ago
Mega Uranium’s discount to NAV is ~37%. That’s is very big discount => MGA will catch up
$URA $NXE $EU $DYLLF $URG
Napalm1
Posted - 1 month ago
Just in: Kazatomprom is about to sign a huge supply contract with CNNC 🇨🇳.
The implications are huge. 🇷🇺 and 🇨🇳 are taking all future Kazak uranium production away from western utilities (🇺🇸🇪🇺🇬🇧🇰🇷🇯🇵)
Kazakhstan represents ~45% of world uranium production
Western utilities will soon beg for future uranium lbs from EnCore Energy, Peninsula Energy, Lotus Resources, Uranium Energy Corp, Global Atomic, Bannerman Energy, Denison Mines, Deep Yellow => pre payments of future uranium deliveries will become the norm.
$URA $NXE $EU $DYLLF $URG
Napalm1
Posted - 1 month ago
After Amazon & Microsoft, Google just announced 1h ago, the signature to get nuclear power from SMR’s by 2030
Buying pressure on uranium stocks will increase once people start to get that latest info
$URA $NXE $EU $DYLLF $URG
Napalm1
Posted - 1 month ago
When does uranium demand lose their price inelasticity?
A. In 2021-2022 EU natural gas TTF price went from 20 euro/Mwh to 336 euro/Mwh
~70% of total prod cost of electricity from gas-fired power plant is gas price.
By consequence when gas price ⬆️ by 10x total prod cost of electricity went 7.3x higher from 100 to (100 +(9x70))
It's only in a later phase in 2022 and in early 2023 that people started to decrease their electricity consumption where they could.
With nuclear reactor, Only ~5% of total production cost of electricity from a nuclear reactor is the #uranium price.
So if we take the 7.3x increase of the total production cost of electricity from a gas-fired power plant as a limit:
(730 - 100)/5 = 126x
So an uranium price of 126x 65 USD/lb = 8190 USD/lb would have the same effect as 200 euro/Mwh gas price had in 2022
$URA $NXE $EU $DYLLF $URG
Napalm1
Posted - 1 month ago
With inventory X gone (UxC confirmed),Underfeeding supply gone, while primary uranium supply is in structural deficit,there is no way out of this: All Producers/I/Utilities now FORCED to ⬇️ their operational inventories
The longer they wait,the more intense the ⚔️ for lbs
I ⬆️ my Global Atomic position: biggest ⬆️ potential in 3y imo (today still higher risk)
I ⬆️ my U.UN and YCA positions recently where I’m not subjected to mining related risks,with good future upside caused by contracting at >100USD/lb & near term⚔️ for primary prod lbs in spot (150/83= 80% upside is very good for a mid term investment without mining related risks) This makes me sleeping well.
DYODD $URA $NXE $EU $DYLLF $URG
Napalm1
Posted - 1 month ago
When I calculated the NAV of Mega Uranium MGA, it was based on a share price of 8.90 CAD/sh for NXE.
Now NXE share price is > 9.70 CAD/sh
Mega Uranium’s discount to NAV is really big today => MGA will soon catch up
$URA $NXE $EU $DYLLF $URG
ReadyRick
Posted - 1 month ago
$EU all these strange after-hours activities 🤔
Napalm1
Posted - 1 month ago
Just now the uranium spotprice started to increase again
UraniumMarkets now: 8325/8400 USc/Lb U3O8
$URA $NXE $EU $DYLLF $URG
Napalm1
Posted - 1 month ago
uranium spot ⬆️ without SPUT buying lbs
Someone else is buying in spot:
KAP?
CCJ? Orano?
…
Intermediary?
Utility that only has supply based on underfeeding situation,while underfeeding is gone now?
Utility that extended licence at last minute?
Utility getting scared about Putin’s threat $URA $NXE $EU $DNN $URG https://x.com/skysurfer75/status/1843788205713424832?s=12&t=HC3QWmu_44Q8FH4a5HcAmg