DonCorleone77
Posted - 03/27/24
$FCUUF Fission Uranium price target raised to $1.90 from $1.70 at H.C. Wainwright H.C. Wainwright analyst Heiko Ihle raised the firm's price target on Fission Uranium to $1.90 from $1.70 and keeps a Buy rating on the shares. The higher target incorporates a revised long-term uranium price forecast following recent increases in spot prices, the analyst tells investors in a research note.
Napalm1
Posted - 1 month ago
$CCJ $DNN $FCUUF $BP $GOLD
sircharles1992
Posted - 02/29/24
$FCUUF again red??? Wth
Napalm1
Posted - 02/27/24
Now that the Nuclear price reporters UxC has fixed their February Month-end (always last Monday of the month) Uranium prices for monthly contracts, sometimes resulting in a smash down of the spotprice a couple days before (this time it was the case), we see the first signs today of a spotprice going back up.
Kazatomprom/Cameco/Orano situation forces them to directly or indirectly buy a lot of uranium in the spotmarket in 2024. Much more than anticipated!
Kazatomprom alone announced an unexpected 9.3Mlb reduction of the previously forecasted production in Kazakhstan in 2024! But all those forecasted produced pounds in 2024 were already allocated to reactors!
Meaning that Kazatomprom or their clients will have to find the needed uranium elsewhere together with Cameco and Orano also looking for uranium from other producers => upward pressure spotmarket in coming weeks/months will increase more than previously expected
$UEC $DNN $FCUUF $NXE $UROY
soundeater
Posted - 02/27/24
$FCUUF
Napalm1
Posted - 02/23/24
So in a nutshell:
The last 2 months we had the announcement of significant lower uranium production for 2024 (& most likely 2025 too) than anticipated for Kazatomprom, Cameco (Inkai), Orano (Katco), CGN (Semizbai), CNNC (Zhalpak), Uranium One (100% prod in🇰🇿)
Orano has problems at ALL other mines & at several main projects:
-Niger: prod level in2024 uncertain
-McArthur River & Cigar Lake 🇨🇦production 2023 lower than hoped
-Uzbekistan lowering future uranium production expectations (January 2024)
-Mongolia: delays in project (yesterday)
Global Atomic (DASA)🇳🇪: 1y delay from early2025 to early2026 (2023)
Denison Mines delayed the restart of Phoenix by more than 2 years (2023)
Lotus Resources delays restart till end2025 (yesterday)
Where are promised 🇺🇸 pounds?
$URA $FCUUF $CCJ $RIO $IWM
soundeater
Posted - 02/20/24
$FCUUF .71$ possible?
BIGgainsALLyear
Posted - 02/20/24
$FCUUF why this keep falling
BIGgainsALLyear
Posted - 02/20/24
$FCUUF when
Samarcanda
Posted - 02/20/24
$FCUUF this stock has scheduled a big reverse split to be listed on NYSE
Napalm1
Posted - 2 months ago
There is no way out of it!
The upward pressure in uranium spot market will continue for a long time!
Why?
Bc the secondary supply used to solve the primary deficit is depleted!
Now primary deficit can only be solved with big new uranium production!
Good luck with that!
Does this statement mean that consumers will not find some old lbs in 🇳🇪🇯🇵 anymore? No, maybe couple 100k lb, if uranium price is increased enough
But you don’t solve a >40Mlb deficit 2024 (and again in 2025, 2026,…) with a couple 100k lb from here & there and by temporarily reducing operational inventories now.
Bc by doing that you actually increase the deficit just after the one now (dig a new hole to close another)
Remember:
1) Last lb is most expensive one (in production, and it’s the same with inventories)
2) Utility: “Why selling at 100USD/lb, if I have to buy at 150USD/lb a year later?”
$DNN $FCUUF $GLATF $CCJ $UROY
steveboehm
Posted - 2 months ago
$DNN $FCUUF $GLATF $CCJ $UROY I think youre on the wrong board.
Whatcha_macallit
Posted - 2 months ago
$FCUUF Just got here. $1 doable?
Napalm1
Posted - 2 months ago
Announced today: EnCore Energy is now debt free
"Starting in the early fall of 2023, the Company has seen a profound transition going from a company with US $60 million in debt and no revenue, to what is projected to be a company with US $70 million in cash, no debt and two projects in production within the next few months; following the completion of the previously announced Boss Energy transaction and planned production having commenced at the Alta Mesa Project. We look forward to a year of continuing opportunities and progress as the only company in the United States with two operating uranium plants supplying the essential material to fuel domestic nuclear energy."
$DNN $FCUUF $GLATF $CCJ $UROY https://www.prnewswire.com/news-releases/encore-energy-announces-full-conversion-of-us-20-million-promissory-note-zero-debt-as-uranium-production-continues-in-south-texas-302058953.html
Napalm1
Posted - 2 months ago
The uranium spotprice just jumped by more than 2.50USD/lb
The uranium spotmarket is so tight, so tight… And nothing can solve the structural deficit in the uranium market and the deficit in the spotmarket in 12 months time…
$FCUUF $DNN $EU $SPX $DIA
Napalm1
Posted - 2 months ago
Fyi
Several financial institutions and investment research companies have significantly increased their price target on several uranium companies recently: $CCJ $UEC $DNN $FCUUF $NXE …
soundeater
Posted - 2 months ago
$FCUUF offer is close or not yet ?
Napalm1
Posted - 2 months ago
All those short term investors selling URA & URNM after seeing the biggest holding Cameco miss their production target and seeing that the pricing of CCJ’s contract book creates a loss when spot goes too high, temporarily triggered the negative flywheel effect of URA and URNM, creating a good opportunity to buy all the other URA / URNM uranium holdings imo
$CCJ $NXE $UEC $URA $FCUUF
tiktiki
Posted - 2 months ago
$FCUUF Hi all😉i am Not Sure what some guys think…of Course a dilution is Not good per se, but as we do Not have Production Running yet, Money has to come from somewhere. This will not kill the sp , This is only a shortterm Event. Keep positive. It will take some more Patience though.
FATBOYSLIM
Posted - 2 months ago
@dimi87 $FCUUF
sircharles1992
Posted - 2 months ago
$FCUUF damn
BIGgainsALLyear
Posted - 2 months ago
$FCUUF is this offering going to kill share price
Saris
Posted - 2 months ago
$FCUUF Why is this so much cheaper than other miners on a pounds in the ground basis, given that it's high-grade and near-surface?
sircharles1992
Posted - 2 months ago
$FCUUF TIME TO BREAK $1
Napalm1
Posted - 2 months ago
Gone gone, secondary supply is gone
While everyone wants to buy uranium asap! Producers,Utilities & investors
Only the highest bidder will get the remaining lbs,the others will be left without
The market is in such unsolvable situation,150USD/lb isn’t that high & far away
Yellow Cale (YCA) & Sprott Physical Uranium Trust (U.UN, U.U, SRUUF) are still trading at a discount.
Note: 175Mlb is NOT total uranium (U3O8) demand 2024, it’s actually much higher
175Mlb is the estimated total U3O8 consumption 2024 (without 1st reactor cores)
Total uranium demand = Total U3O8 consumption+ 🇨🇳strategic U3O8 inventory build out +U3O8 restocking by utilities
$DNN $FCUUF $UROY $RUT $BP
Napalm1
Posted - 2 months ago
Kazatomprom & JV Partners (CCJ/Orano/Uranium1/CGN/…) just decreased the primary uranium supply for 2024 by 9.3Mlb!
That’s a 6.5% decrease of WORLD production for 2024, while:
- there already was big global annual primary deficit
- the secondary supply used to compensate the primary uranium deficit in 2018-1H2023 is now depleted
KAP also suggested that the hoped uranium prod for2025 is in jeopardy!
Add 9.3Mlb or more prod shortfall in2025,bc for prod2025 KAP needs to prepare wells in April-September2024🤔
So add 9.3Mlb primary deficit 2024 + add 9.3Mlb primary deficit or more in 2025 too
That uranium was needed!
KAP to utilities: Go look for uranium somewhere else
Me: Where exactly?
In 2024 Western utilities will beg for the uranium stockpile of DNN (2.3Mlb), UROY (~1.5Mlb), UEC (~1Mlb available in2024 & ~1Mlb available in 2025). But this is only a small fraction of the global primary deficit. And from where next? Answer: Nowhere, bc it’s all gone
$DNN $FCUUF $UROY $RUT $BP
Napalm1
Posted - 01/24/24
Just in:
URA etf has to buy a lot of Forsys Metals FSY shares in coming days to create a FSY position in the ETF
$UROY $FCUUF $DYLLF $EU $SPX Solactive | Ordinary Rebalance | Solactive Global Uranium & Nuclear Components Total Return Index | Effective Date 1st February 2024. https://www.solactive.com/ordinary-rebalance-solactive-global-uranium-nuclear-components-total-return-index-effective-date-1st-february-2024/
Napalm1
Posted - 3 months ago
More and more announcements of estimated lower uranium productions 2024/2025 than expected => All major uranium Producers (yes, producers) have to buy uranium in the spotmarket
But there already is a shortage of uranium available for spotbuying…
=> Everyone wants to secure more uranium as soon as possible
$DNN $FCUUF $DUK $RUT $BP
