Geoffrey Sherburn

Focused on investing in the upcoming uranium bull market

[John Quakes @quakes99]

🥱On a dead quiet Friday with US markets closed in observance of Juneteenth🇺🇸🏛️ is an ideal time for U to watch Dustin Garrow share intel from the trenches on why #Uranium is what Rick Rule calls the "10-year no-brainer" investment opportunity on offer today to savvy investors.🌟⚛️⛏️🛒😊

↪️ We've seen global sentiment towards #Nuclear #energy reverse over the past few years from a gradual phase-out📉 to a parabolic growth outlook⤴️⚛️🏗️👷 in order for nations to achieve both #EnergySecurity and #NetZero emissions in the face of a global energy crisis and accelerating climate change.🌞🌍

This reversal is bringing with it a parabolic increase in Uranium fuel demand to levels not seen since the first major Nuclear build-out that began 5 decades ago, driven by the 1970s energy crisis.⤴️☢️⛽️🛒🤠🐂

🛟Reactors formerly slated for shutdown are being life-extended. Prematurely shut down reactors are being restarted, while a record 80 new reactors are now simultaneously under construction worldwide amidst a 38-nation & 14 big tech companies pledge to TRIPLE the world's Nuclear power generating capacity over the next 24 years.3⃣✖️⚛️⚛️🏗️👷🌏

🐁Small Modular Reactors, previously dismissed as just a fantasy dream, are now achieving major development and financial backing milestones in a real accelerating Nuclear Renaissance🏎️🌅⚛️ right on the cusp of a Henry Ford type moment as manufactures prepare to roll out mass-produced small & micro modular reactors by the "hundreds and thousands" in the decades ahead.⚛️🏭🧑‍🏭

In just the past few months we've also seen major announcements expanding uranium conversion and enrichment SWU capacity in order to produce sufficient quantities of Low Enriched Uranium (LEU) and High-Assay LEU (HALEU) fuel needed for existing and new large Gigawatt-scale reactors and advanced Small & Micro Modular Reactors.⤴️🏭🧑‍🏭

That new conversion & enrichment capacity brings with it increased demand for mined U3O8 'yellow cake' feedstock to be converted & enriched into reactor fuel.🛢️☢️🛒

As Nuclear growth goes parabolic, new demand for mined U3O8 feed goes parabolic too!⤴️👯

BUT, mined U supply continues to struggle.⛏️😟

👨‍💼As Nuclear fuel consultants UxC President Hinze confirmed at the recent Arizona WNFM meeting, securing new enrichment & conversion contracts has been the main focus for Nuclear utilities over the past 4 years since Russia invaded Ukraine, but now, as Cameco's Grant Isaac has been saying for many months, that focus is finally shifting towards increased efforts to secure the needed supply of mined U3O8 feedstock required by those new reactor fuel contracts. UxC now sees mined Uranium as the weakest link in the fuel supply chain, just as demand is unexpectedly surging.↕️🔗💥

U see, Nuclear utilities normally sign a series of 4 different contracts to order reactor fuel🧾✍️⚛️🏭 starting with the fabrication of fuel assemblies filled with enriched uranium to be loaded into reactors 1⃣ then working backwards thru SWU for enrichment of UF6 2⃣ and Conversion of drummed U3O8 into UF6 3⃣ then finally, last of all, they sign contracts with producers to supply the required drums of mined #U3O8 yellow cake 4⃣ the last link in the contracts chain.🛢️🔗

Over the past 3 years:
🚀Spot enrichment SWU has soared from around $60 to hit $230, UP +280%⏫
🚀Long-term contract enrichment SWU has soared from around $60 to $180, UP +200%⏫
🚀Spot Conversion has soared from around $18 to $65, UP +260%⏫
🚀Long-term contract conversion has risen from around $18 to $55, UP +205%⏫

⚠️ But, when we look at the changes to prices for drummed U3O8, the last link in the contracts chain, we see that the price wave created by Nuclear utility procurement at the enrichment SWU & conversion stages hasn't yet arrived.🌊🐌

In comparison, over the past 3 years:
Spot U3O8 has risen from around $50 to near $86, UP just +72%🤏😯
Long-term contract U3O8 has risen from $51 to $94, UP just +84%🤏😯

Mined Uranium's day in the sun is still yet to come!🌞⛏️😎

Every single signpost now points to rising Uranium prices over the coming months and years🪧☝️💲🛢️☢️ as Nuclear utilities, alongside big tech companies who are now embracing 24/7 carbon-free Nuclear to power their new data centers, compete to secure new long-term Uranium supply contracts for deliveries into the 2030s and beyond.🥊 Very exciting times for U investors!😃

Do your own research📚🔍 and invest according to your own personal financial goals, investing style, time horizon, skills and experience. It's your money.🪙 Invest it wisely.🦉 Best of luck!☘️🌈💰🤠🐂

[Nick Lawson @lawse]

My op-ed published in MoneyWeek today on helium. The commodity nobody talks about is quietly underpinning the space race, AI chips and the NHS. One third of global supply was wiped out overnight when Iranian strikes shut Ras Laffan. Spot prices doubled. SpaceX’s own S-1 doesn’t even mention it as a risk, despite Musk admitting there isn’t enough helium on Earth for his Starship ambitions. The UK has no domestic production, no reserve, and no critical minerals designation. That gap won’t stay invisible much longer.

https://t.co/eW9Q4KA1iQ

[Goehring & Rozencwajg @Go_Rozen]

Commodity markets tend to break when inventories get tight before a supply shock hits.

That may be what’s happening in energy today.

In "Could the Tanks Run Dry?", we explore:
• Tightening inventories
• Slowing shale growth
• Oil & LNG supply risks
• Commodity scarcity cycles
• Implications for inflation and investors

👉 Access the full commentary here: https://t.co/Xh8wwH9eLV

#Energy #Oil #Commodities #Macro #NaturalGas #Investing #Inflation

[Jeffrey Currie 🆔++ @CommodMkt]

Welcome to the most asymmetric trade in modern financial history.

The thread below lays out why. The opportunity exists because capital has chased the AI trade while ignoring the physical assets AI requires to run — assets that have quietly become the best-performing asset class of the decade. Since October 2020 when we first called for the commodity super cycle: QCI Total Return +217%, GSCI Total Return +205%, Gold +140%. NASDAQ trails at +130%. S&P 500 at +85%. The top three are all commodities. Yet oil cannot get out of its own way while copper and the broader atom complex prints fresh highs . That is the dislocation. That is the trade.

Get long. Buckle in. Hang on for the ride.

Forgive the longer posts in this thread — attempting to mimic my old 10-bullet commodity takes. On to it.

[John Quakes @quakes99]

⚡️New CEO Insights from #UK physical #Uranium fund Yellow Cake Plc $YCA 📄⚛️⛏️ #Nuclear #energy's surge after 1973 #oil embargo led to 5-fold rise in #U3O8 prices💲🚀 as supply couldn't respond fast enough to meet soaring #EnergyCrisis demand!↕️🗜️😱🤠🐂🌊🏄https://t.co/cxAPsEQUb4

[John Quakes @quakes99]

⚡️In a special 24 April flash #Uranium update entitled "#Nuclear tailwinds are blowing"🌀⚛️⛵️ Canccord Genuity reiterates its view that "#Oil shocks are good for Nuclear.. and the DOE's 'Nuclear Dominance - 3 x33' initiative solidifies this view."🪨⛏️

"The initiative will begin a series of 60-day sprints designed to make rapid progress on the Consortium’s goals. From Ted Garrish, the Assistant Secretary of Nuclear Energy: "The Consortium’s work comes at a pivotal time for nuclear energy growth in our country."

"In our view, the biggest takeaway is the genuine, government-backed push towards rapid SMR deployment. This new era of nuclear will enable rapid roll-outs and targeted energy generation, and it's clear that the US view their deployment as a matter of national interest."🏎️🔥⚛️🏗️👷🇺🇸🤠🐂🌊🏄

[Geoffrey Sherburn @GeoffSherb]

@piterloskot82 @quakes99 What is your point? Are you agreeing or disagreeing with the Shaw analysis?

[John Quakes @quakes99]

⚡️Shaw and Partners raised their #Uranium price forecast +$50 to $200/lb⏫💲🛢️☢️as "super-cycle is just getting started"🎢with market "undersupplied and getting worse"↕️🗜️as "fundamentals have never looked better"🌟while "#Nuclear utilities significantly under-contracted"🤠🐂
https://t.co/hx7miQO8IW

[Geoffrey Sherburn @GeoffSherb]

@GLoffelhardt To predict for GLO, I would suggest benchmarking vs other African mining companies that have previously received DFC approval. What happened in thoses cases? What timelines? What did they communicate and when?

[Citrini @citrini]

I spent 100 hours over the past week researching, writing and editing the piece we just put out.

It’s a scenario, not a prediction like most of our work. But it was rigorously constructed, dismissing it outright requires the kind of intellectual laziness that tends to get expensive.

And we’ve released it for free. Hopefully you enjoy it.

https://t.co/YK8E11GcDU

[Geoffrey Sherburn @GeoffSherb]

@GLoffelhardt Regarding "postponement" scenario: There have been multiple occasions in the past when the topic was NOT on the DFC agenda - what happened those previous times? I think GLO said nothing, no?

[SilverChartist @SilverChartist]

☢️#URANIUM: Price Targets...

🎯Target #1: $106.40 Feb '24 Interim Peak
🎯Target #2: $130 Top of '07 Gap
🎯Target #3: $148 '07 ATH
🎯Target #4: $200 *Inflation Adjusted ATH

$URNM | $URNJ | $U.U | $U.UN | $URA

https://t.co/k0w72iErlt

[John Quakes @quakes99]

👨‍🏫I HIGHLY recommend that every #Uranium investor watch the always eloquent Cameco President & COO Grant Isaac expertly articulate the 'never better' bull case today in this new CIBC Western Institutional Investor Conference presentation.👨‍💼 Fabulous!👏🤠 👉https://t.co/LgF0rJOEL6

[Barchart @Barchart]

Sales of Heavy Trucks are collapsing, which has usually foreshadowed an upcoming recession 🚨🤯👀

[Napalm @Napalm_1_]

@ReutersCommods While there is a structural shortage in uranium likely resulting in uranium supply issues somewhere in the future

Physical uranium funds: U.UN YCA

[John Leggett ✏️ @leggett_john]

I’m serious. If you only read one thing about #Uranium and #Nuclear Energy in this entire month, make it this verbatim transcript of Cameco’s $CCJ presentation to Goldman Sachs.👇
Ht @hcrubin2009

https://t.co/jismYwfZyd

[John Quakes @quakes99]

🔥Hot off the press!📕 The inaugural @CruxInvestor #Uranium Market Research Report is now available for viewing and downloading: 🕵️⚛️⛏️🤠🐂
https://t.co/T63FtLBxBL

"In our inaugural Crux Investor Research Report on the Uranium Market, we set out to examine the uranium sector from first principles — not as a single commodity price story, but as an interconnected system shaped by reactor demand, contracting behaviour, fuel-cycle infrastructure, and geopolitics. Rather than starting with conclusions, we walk through how uranium actually moves from mine to reactor, where legacy assumptions no longer apply, and why constraints in conversion, enrichment, and fabrication now matter as much as primary supply. Our goal is simple: to make the market legible to serious investors navigating a rapidly changing energy and security landscape."

"We structured the report as an institutional-grade reference, focused on mechanics over narrative. Each chapter builds methodically, examining how demand is formed, how supply clears in practice, where timing mismatches arise, and how policy and jurisdiction increasingly shape outcomes. We deliberately avoid forecasts and promotional framing. Instead, we provide a durable analytical framework that allows readers to draw their own conclusions about risk, resilience, and optionality across the uranium complex — and to reassess the sector with clarity rather than conviction. "

[Chidanand Tripathi @thetripathi58]

I don’t understand why more people don’t use Google Gemini for stock research.

Not for tips.
Not for predictions.

But for thinking clearly before risking money.

Here are 10 detailed prompts I actually use 👇

[Yellowbull @Yellowbull11]

As promised for a late Christmas present, the latest 50 page Codex report is now available for free for everyone below

It includes 20 pages of macro analysis, a 15 page deep dive on uranium from phosphate, thoughts on gold and silver and so much more 🗞️⤵️
https://t.co/omYhd9P6T2