@ABongo888 I can say that is true. I started in the nuclear world in 1972. Never have I witnessed more daily positive news than I have in the last few years. When all the new reactors translate into uranium demand uranium markets will be the place to be.
Hyperscalers and AI data centers need immense amounts of energy, #Nuclear & #URANIUM equities WILL be the beneficiaries.
Will we see a scenario that Hyperscalers participate directly in #U mine development?
Or
Will we see #SPUT#YCA etc taken out by these gaints?
Or both?
Catalysts ๐ง๐ค for next leg up.
World #Nuclear Fuel Markets 52nd Annual
Conference in Scottsdale, Arizona is underway, will we see an uptick in #URANIUM demand as a consequence of information coming out of the conference or will summer doldrums continue?
A good day for ASX coming up!๐ฅ #URANIUM update
$CXU $AGE $BOE $PDN $TOE $DYL
1. Equities SOARED overnight โ UEC +13%, Energy Fuels +10%, Nexgen +9%, Cameco soared +7%.
2. Urenco announced new enrichment capacity in the US โ this is CRUCIAL to ensure there is enough capacity for the nuclear renaissance. This bullet proofs the fact that more uranium is needed to fuel it.
3. New York Power Aurhority is now in MARKET for new build. New York Loves Nuclear!
4. Big news was the print of the LONG TERM PRICE at $94. Extraordinary upward much of the most important pricing mechanism in the market (its not spot!)
5. Check out this long form interview for all the energy nerds out there: https://t.co/TbdTkkNHyC
6. We are now into June, which means URNJ is deciding now who they add into the ETF; based on end of MAY data. Fingers crossed! Do you know what often happens to company stock prices if they are included in an ETF for the first time?
7. Looking forward to a BIG JUNE for $CXU โ lots of drilling coming up!
๐PLEASE REPOST!
#uranium stocks on the ASX flew overnight, spot up to $87.5/lb this morning with #YCA implied price at just $80/lb, so just under 10% discount to NAV.
Is sentiment returning, or will this be a fake outโฆwatching with huge interest.
BREAKING: Iran has launched a massive ballistic missile and drone attack, striking the US 5th Fleet headquarters in Bahrain along with US bases in Kuwait, Ali Al Salem + Arifjan, and an oil tanker near Dubai, in response to new US strikes on Qeshm Island and an Iranian oil tanker near the Strait of Hormuz, per Tasnim.
Iran says it has officially abandoned tit-for-tat retaliation, now striking back "at least 1.5x as hard" for every US attack, with IRGC warning "disrupting the security of the Strait of Hormuz will have a heavy price for the invading US military."
BREAKING: Iran announces it is ending all negotiations with the US and vows to "completely" block the Strait of Hormuz, per CNBC.
Iran says it is ending negotiations due to repeated ceasefire violations including Israeli strikes in Lebanon.
Iran also threatens to block the Bab el-Mandeb Strait.
Iran's Central Military Command: If Israel carries out attacks on Beirut, we warn residents of northern israel to leave if they don't want to be harmed.
Built for the energy transition, xU3O8 blends tech, finance & nuclear energy โ offering a transparent, efficient alternative to legacy uranium investments via its groundbreaking digital token. @uranium_io#Uranium#BlockchainInvesting#UraniumInvesting https://t.co/qh68ZP38ay
#RedFlag ๐ฉ tokenization Triangle ๐บ๏ธ slippy snake ๐ oil ๐ข promoter blocking ๐ซ anyone who calls his questionable promoter tactics out
Said many times as this #uranium bull progresses, we will see his type and new pop ups promising exponential drill potential, buyer BEWARE ๐ฉ
Triangle Investor committed to leaving X if spot wasn't over 100 in first 6mths of the year.
With the slow summer season here, seems impossible, save for a major unforeseen event.
Will ๐บ๏ธ @capnek123 triangle ๐บ๏ธreally leave X ???
@Hitthebidsayuhh@piterloskot82@CounterCynical@UraniumKevin GLE's AISC to produce LEU is expected to be much lower than for Russian and Chinese producers. So GLE should be able to compete on price alone regardless of supply. $SLX.AX $SILXY