Cure4LowPrices

Investing in commodities during cyclical downturns. The cure for low prices... is low prices.

[Mark Nelson @energybants]

FEDS OFFICIALLY OFFER FUNDING TO RESURRECT PALIDADES NUCLEAR

Today leading officials visit Palisades nuclear plant on Lake Michigan to celebrate bringing it back to life.

In Europe they're still destroying their future by closing nuclear plants.

In America we're setting ourselves up to own the century by growing nuclear along with everything else but coal. This means we'll get the new industries that need this energy to operate, too.

Bringing back Palisades isn't just about the 800MW from the existing reactor. It's also about owner Holtec planning to add more nuclear to the working plant.

I just got back from Spain, where the plan is to destroy all the nuclear, rendering Spanish electricity and the remnants of its industrial sector permanently uncompetitive.

In 2000s the EU and American economies were the same size. Now America's is almost double by some metrics and the gap is widening.

Political leadership in key European countries is ignorant on energy, which wouldn't be so bad if their instincts weren't also terrible and their advisors mostly worthless, or worse.

Palisades represents enough power returning to the grid for a colossal new clean industrial facility like an immense clean steel plant or clean concrete plant.

Where would you go in Europe to get such power? France has poor availability from its nuclear plants and seems committed to "load following" at high prices rather than maximum output at low prices, which is what we do and what the new industries want.

Germany just killed its nuclear plants and refuses to turn them back on even though they still can.

On a morning like this the vast gap in seriousness and competence between the Old and New Worlds on energy and industry feels overwhelming.

As an American who loves Europe I can't stand what I'm watching. That's why I fight to save European nuclear from closing.

Palisades points the way.

[Cure4LowPrices @Cure4LowPrices]

@PraiseKek $63 per pound realized revenue in 2036… I’ll take the “over” on that assumption.

[Turz @7urz]

@ParisOrtizWines "Climate" activists.

[Cure4LowPrices @Cure4LowPrices]

“Tripling global nuclear capacity by 2050 & a global uranium supply market free of Russian influence…” Can debate if it’s a realistic goal, but name an entity better positioned to capitalize on this than Cameco over long term. $CCJ $CCO

[Office of Nuclear Energy | US Department of Energy @GovNuclear]

“Excellent panel discussions at the @iaeaorg Nuclear Energy Summit today in Brussels.

The U.S. is committed to tripling global nuclear capacity by 2050 & working with our allies to establish a global uranium supply market free of Russian influence.”
– Katy Huff (1/2)
#NES2024

[Cure4LowPrices @Cure4LowPrices]

@NexGenEnergy_ @ItsWarrenIrwin … Any color commentary? Much appreciated.

[Cure4LowPrices @Cure4LowPrices]

@quakes99 “You’re not gunna power an industrial economy with windmills and solar panels.”

- @JohnPolomny

[Cure4LowPrices @Cure4LowPrices]

@edbassmaster Stanky lardum

[Cure4LowPrices @Cure4LowPrices]

@edbassmaster @elonmusk @instagram Crap mo stank

[Cure4LowPrices @Cure4LowPrices]

@edbassmaster @lectricebikes Psh. Unreal.

[Cure4LowPrices @Cure4LowPrices]

@Grainjones Excellent contributions, Jones. Thanks for your insights.

[Cure4LowPrices @Cure4LowPrices]

@PraiseKek With your criticisms of the “selling into the spot market” scarecrow / bogeyman… is your opinion that $CCJ should be overproducing its sales contracts and dumping the excess into the spot market?

Please make a case for what you want $CCJ to do here.

[Cure4LowPrices @Cure4LowPrices]

@Grainjones But the uranium contract book!

[Cure4LowPrices @Cure4LowPrices]

@JohnPolomny @SenSchumer “Grifters gunna grift.”
-John Polomny

[Cure4LowPrices @Cure4LowPrices]

@7Kiwi $CCJ: “We said up to two million pounds that we might buy in the market, but we might. We don't have to. We have other options in order to source our committed sales.”

[Cure4LowPrices @Cure4LowPrices]

@7Kiwi Take another look, Skippy. The table says “up to 2 million” for a reason. They have other options that they often discuss (inventory draw, borrowing pounds, etc.). This was specifically mentioned in the conference call.

[Cure4LowPrices @Cure4LowPrices]

@7Kiwi $CCJ would note that you’ve failed to acknowledge that purchases in the spot market are not the only option they have to meet their delivery commitments when production doesn’t suffice.

[Cure4LowPrices @Cure4LowPrices]

@AfricanLonghorn @gjermundgroven @Grainjones runs like the wind blows

[Cure4LowPrices @Cure4LowPrices]

@JekyllCapital Free podcast with someone like @uraniuminsider or @SmithWeekly who have been around the thesis for years. Reward those guys and go in-depth and super nerdy instead of doing it with a generalist like Macro Voices where you spend half the interview explaining the thesis.

[Cure4LowPrices @Cure4LowPrices]

@awealthofcs Is there a version of this analysis that excludes the top decile of consumers from a net worth perspective? Uber rich will skew the interpretation of this chart.

[Cure4LowPrices @Cure4LowPrices]

@WallStreetSilv The Office
Jim Halpert