Anybody remember when @uraniuminsider called the bottom in Uranium & I said, “yep, the options board changed dramatically.” People 1/2 threatening him & ridiculed me. Cuz that was this weekend. Hope you bot dat dip. I did. Thanks Justin. #uraniumLifeisFAST
$CCJ Missed production goals by >7%. Why? "availability of personnel with necessary skills and experience" that’s not an easy fix. Few teams that will be able to deliver pounds between now & ‘30. Total Supply Demand gap >300mlbs & growing. #uranium will be squeeze epic!
#uranium Equities are Covid low cheap when denominated by spot. the High cost juniors in Niger & Namibia typically offer the biggest optionality. I expect over 2024-25 this will happen again. Over January I think $DNN will move most violently. The options open interest is heavy
Today @Sprott issued 670,200 Physical #Uranium Trust units🏧 to raise $8.4M💵 but stacked no #U3O8🏦🔒 with NAV at US$2.954B💰⬆️ SPUT holds $56.7M for stacking🛒🤠 closing at a -1.84% Discount to NAV🤨 Today's Spot Price: $50.34/lb⬆️#LetsGo#EnergyCrisis🏄♂️ sprott.com/investment-str…
#nickel has a 30 sigma move today as Russia supplies 7% of global & a short blew up. Russia + friends have ~60% of #uranium production & plurality of enrichment. What’s the cost of conflict-free #uranium? #blooduranium