@NorthstarCharts Great Charts as always, Kev
What this chart means for the small U miners such as; Bannerman, Elevate and Deep yellow is scary…
Capital rotation tsunami 🌊
JUSTIN HUHN (@uraniuminsider ) JUST LAID OUT THE CORE CASE ON SPROTT RADIO
• Supply cliff is real (per Huhn)
Cigar Lake ~2035. McArthur River ~2041. NextGen Arrow, the industry's "savior" deposit, ~2031 to 2032 for meaningful production (~230M lbs LOM). France’s fleet extension alone 250M lbs.
• Term market is where the story lives
Long term price $91.50 per lb (UxC and TradeTech). Cameco pushing market reference contracts ($85 floors and $160 ceilings). Utilities balking but no alternative supplier or substitute fuel.
• Strait of Hormuz risk is real but narrow
Husab (13 to 15M lbs per year) imports sulfur for acid leaching. Rossing and Kayelekera similar exposure. Kazakhstan largely domestic acid. Near term disruption, not structural.
• Demand side accelerating
China 33 reactors under construction, targeting 150 to 200 GW by 2035 (~56 GW today). France extending reactor lifetimes. Japan accelerating restarts. SMRs not modeled until ~2032, Huhn calls that conservative.
• U.S. back in the game (per discussion)
Westinghouse AP1000 deals discussed as large scale and strategic. Japan backing BWRX 300 builds in the U.S. NRC posture shifting.
Supply models do not balance for ~5 to 7 years. Risks skew to the upside.
$URNM $CCJ $URA $NXE $LEU $URNJ
After much reflection, I have decided to resign from my position as Director of the National Counterterrorism Center, effective today.
I cannot in good conscience support the ongoing war in Iran. Iran posed no imminent threat to our nation, and it is clear that we started this war due to pressure from Israel and its powerful American lobby.
It has been an honor serving under @POTUS and @DNIGabbard and leading the professionals at NCTC.
May God bless America.
🔥Rupert Lowe ERUPTS at civil servant as she covers up migrant numbers.
During a meeting of the Public Accounts Committee, Rupert Lowe confronts the Home Office Permanent Secretary on why immigration data is being withheld from MPs and the public.
Rupert is the one to save Britain – join Restore Britain.
https://t.co/1GSuNBHCrQ
Francis Ngannou fired back at critics claiming he ruined his legacy after the UFC:
“You can’t go to the store and pay with legacy. This is bullsh*t promotions feed fighters, that they’re fighting for legacy. Good for you. Keep the legacy, give me my pay.” 😳
(via @fighthype)
Britain when I was in my 30s was THE best country to live in the world. London was THE best city. I cannot tell you what a special place it was. Everyone, all over the world, wanted to live in Britain.
I look now at the cards our country has dealt young British men and women? It’s a proper miserable deal, isn’t it?
Student loans, for example. It is a suffocating graduate debt. NINE percent, over a very low threshold. That’s just brutal. Any real chance of saving, gone. NINE grand a year to even go to university. We break their backs before they even start working.
Restore Britain would scrap interest on student loans altogether - funded by removing eligibility to foreign nationals who in the many, many thousands abscond and fail to pay a penny back.
Wider tax, even more pain.
Just remember, workers, when you’re walking to the office in the pissing rain that your efforts are funding some Somalian family to sit on benefits doing sod all. You work, so others don’t have to. We would ban foreigners from benefits altogether, and we could get the healthy British shirking class off their backsides and out picking litter and cleaning graffiti.
Painful, yes. Necessary, absolutely.
We need to brutally cut tax, and brutally slash down the size of the state. Do those two things in tandem, and just watch how the clouds lift for men and women who are putting in the hours and getting nowhere.
Let’s say a young couple manage to scratch together 20k for a deposit after paying 2k a month in rent. What do they get? A pokey little flat in Lewisham? They don’t even own it, due to ludicrous leasehold rules? Spending an hour commuting each way, on filthy, packed trains? Not exactly the American dream is it?
The system STINKS.
Possibly one positive development thanks to technology - working from home. Farage wants it to end, and attacks the idea of ‘work-life’ balance.
Restore Britain’s position is clear on private sector employees working from home - WE DO NOT CARE. And actually, a positive work-life balance is a good thing. People care, people are happy, they work better. Anyone who has actually run a proper business would understand that.
People my age say oh well the youngsters don’t work hard enough, they don’t save, they spend too much. Possibly for some. False for an overwhelming majority. It is an objective fact that buying a home when I was younger was SO much easier than now. Cutting down on flat whites will not solve the entire problem, CLEARLY.
Look at childcare. Maybe they want to start a family. Good for them. Oh wait, they examine the costs of childcare. Thousands a month. When the damn thing is only open six hours a day. Vast waiting list to even get in? It just doesn't work. Nothing works.
Restore Britain would give vast tax breaks to working parents to ensure that a parent can stay with the child if they choose, or make childcare more affordable.
Reward families with meaningful relief. Raise thresholds, widen VAT exemptions for essential child-related items, and expand tax-deductible childcare costs.
We would front-load child benefit - pay more of the money in the earlier years, when the help is really required. Only British nationals would be eligible to receive that.
Stamp duty, gone for British nationals. An insidious tax that further punishes ambition and success.
We will support young men and women who want to get on, build a family and find their way in the world. I want these people to have the same opportunity that my generation had. That's all.
The vast majority want a Government that will enable them to succeed, and then leave them the hell alone.
They now have a political party that will do exactly that.
Restore Britain.
An Italian Mafia proverb says:
Never betray your wife because if you are capable of betraying a woman who trusts you enough to close her eyes and sleep next to you, you are not worthy of the trust of the entire world.
🚨 BREAKING: This Czech politician is being praised worldwide for OBLITERATING Hillary Clinton and causing her to erupt in panic on-stage
"You really don't like Trump!"
"I'm sorry this makes you nervous!"
Hillary: 😡😡
LMFAO, this dude's a LEGEND! 🔥
He was DEFEATED ELEVEN TIMES.
Attacked. Threatened with DEATH. Nearly blind.
Addicted to opium just to function. They told him to stop. He spent forty-six years refusing.
His name was William Wilberforce. Born in Hull, 1759.
He could have lived a comfortable life. Wealthy family. Safe seat in Parliament.
Instead he chose to destroy the most powerful economic system in the British Empire.
The slave trade.
He didn't fight alone. Thomas Clarkson rode 35,000 miles gathering evidence.
Olaudah Equiano, man who had been enslaved himself, gave testimony that no politician could ignore.
Wilberforce took their evidence to Parliament.
They voted no. He came back. They voted no. He came back. Lost by eight votes.
MPs deliberately stayed away so they wouldn't have to choose a side.
He came back. Again. And again. And again.
By now his eyesight was nearly gone. His body was breaking. He'd been on opium since he was 29.
Twenty years after he started, they voted again.
283 to 16.
The slave trade was abolished.
But he wasn't finished. Slavery itself was still legal. He fought for another twenty-six years.
In July 1833, lying in bed, barely able to move, he received word. Parliament had voted. Slavery was abolished across the entire British Empire.
Three days later, William Wilberforce died.
He held on just long enough.
They buried him in Westminster Abbey.
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Be part of us.
Be Proud Of Us. 🇬🇧
Biology is sexist that way. When women are in their prime in their twenties whilst millions of men struggle in the endless rejections, this is a "you go, girl" moment. When men's mate values increase with age while that of women decreases, this is the patriarchy keeping women down. I teach seminars on why all men should prefer to mate with 80-year-old women rather than 25-year-old ones. I have reprogrammed myself to solely find @madonna and @cher attractive. It's working because when you show me images of @sydney_sweeney, I recoil in horror and disgust.