@capnek123 completely uncontracted, unhedged future production, correct? This in a #uranium market where the mid point of new contracts is $120. $UEC have navigated this bull run very well.
#uranium term is $93. That UNDERSTATES current #uranium price. Firm contracted #uranium in 2029 is for sure >$100. 5yr? $107 or more. $CCJ says 70% of utilities are already paying $100 or more going into 2027. $UEC are completely unhedged & growing production. Just sayin'.
$UEC sold some inventory U308 at $101. $UUUU sold some #uranium inventory at $95. UxC reports term price at $93, TradeTech at $95, $CCJ at $94.
Feels like the buy & sell sides are starting to find common ground. As holdout inventory grinds down there will be a breakout.
NA Uranium corps hold ~10% of w/w uranium demand in inventory. Just kind of sitting around on the shelf. ๐#uranium
(ticker, lbs)
UEC, 1700000
UUUU, 1100000
UROY, 2329637
DNN, 1850000
CCJ, 9100000
TOTAL 16,079,637
UEC have 1,456,000 lbs of uranium in inventory
Plus 244,000 lbs precipitated & dried/drummed U3O8 at Irigaray
TOTAL 1,700,000 lbs uranium in inventory
(~8:55)
https://t.co/dPZ4AVAIqm
@SilbergleitJr This is a x-section of sundrive's copper HJT PV cell. First, can't believe the published that ugly thing. Second, that's not going to be robust in the field.
@freedom_rpt I noticed a big chunk of yesterday's silver contract volume crossed while the market was closed. How can I get trading access to 'glitched market transactions'? Seems like there is a lot of money to be made there. @CMEGroup can you hook me up? When is your next glitch?