Puranium Energy (CSE: UX) (FSE: 2DK0)

A uranium exploration company - one of the largest & better positioned land owners with properties surrounding world-class uranium mines.
CSE: $UX
FSE: 2DK0

[SmithWeekly @SmithWeekly]

Jason Bagg of #Namibia focused #uranium explorer @PuraniumEnergy talks market updates, recent $UX financing, activity in Namibia, prospectivity of its exploration grounds, nearby success by @Elevateuranium, target deposit types, plans, strategy & more: https://t.co/kFWWfy5mTj

[John Quakes @quakes99]

📰 Canadian #Uranium explorer Puranium Energy (CSE: $UX) seeks $1.1M in a non-brokered private placement offering 11M units at $0.10 each, comprising a common share and half a common share purchase warrant.💰⚛️⛏️ #mining #Namibia #Africa @PuraniumEnergy https://t.co/Oe0Px3L1BC

[John Quakes @quakes99]

⚡ The Spot #Uranium price has had a small pullback but is expected to stabilize at its current $70/lb level👊 as new RFP's from buyers came to the market yesterday.🧾 Here's the latest Spot U market intel from the well-connected folks at Ocean Wall🇬🇧: "A comparatively quiet week in the uranium sector saw both the equity and spot prices move lower, as bond yields ripped higher and broader equity markets slumped."

"The spot price currently sits at $70/lb, +42% YTD but $3 off last week’s highs. Talking to various market participants, the sell-off was based on volume coming back to the market from a variety of sources but mainly traders. It was sellers on Monday and Tuesday taking profits after September’s 22% run, as they look to fund margin calls elsewhere in other asset classes."

"Yesterday, there was no new volume, but more RFPs came to market which should more than stabilise prices where we are now. As the last 4 years have shown, pullbacks in uranium are: i) invariably market related ii) a buying opportunity."🛒🤠🐂

[John Quakes @quakes99]

Holy 💩! Spot #Uranium is achieving escape velocity now on its moonward trajectory🚀 with #Nuclear fuel brokers @Numerco now reporting a +$2.08 spike to $65.51/lb #U3O8⏫🌜 with sellers now asking $66/lb🎆🎇🤯 Unbelievable!😱 🤠🐂 #LightsGoneGreen 🚦#RideTheWave 🌊🏄

[John Quakes @quakes99]

Yee-Haw!🤠🐂 Blackrock adds another flywheel to the #Uranium #mining #stocks sector🎡 with the launch of its iShares S&P/TSX Energy Transition Materials Index ETF $XETM with top holding Cameco $CCO along with many other U sector plays.💰⚛️⛏️ #Nuclear! 🚀
https://t.co/p4AVzneDBK

[Puranium Energy (CSE: UX) (FSE: 2DK0) @PuraniumEnergy]

#uranium It's possible for most global States/entities to buy a controlling interest in a Namibian uranium asset. We believe that with present global uranium supply constraints, accretive M&A as well as greenfield production will occur here in this cycle as it did in the last

[Puranium Energy (CSE: UX) (FSE: 2DK0) @PuraniumEnergy]

We believe that we are positioned with great exploration assets in the best #uranium jurisdiction globally. Uranium exploration in #Namibia offers size, scalability, infrastructure and a quicker thorough process to permitting with political stability. Namibia is open for business

[Puranium Energy (CSE: UX) (FSE: 2DK0) @PuraniumEnergy]

#Uranium mineralization in Namibia is low grade, typically about 250ppm (0.025%) U3O8 on average, or less. To make up for grade, deposits often prevail at or near surface for simple #mining, beneficiation improves head grades, & local infrastructure all help to improve economics.

[Puranium Energy (CSE: UX) (FSE: 2DK0) @PuraniumEnergy]

#Mining #Uranium #Nuclear #Energy

[John Quakes @quakes99]

🤠🐂 It seems the time may have come for me to pack up the tent🎪 as there's no further need to preach the #Uranium #mining #stocks bull market thesis💵⚛️⛏️📖🗣️ as Goehring & Rozencwajg have done the deep dive research📚🔍 and clearly presented the evidence🧑‍⚖️ to support their prophecy of "a sustained and frenetic bull market."🚀🔮🧙‍♂️ Their report is required reading for all that seek to find their fortune.🌈💰 The bold conclusion that "The cumulative deficit between 2023 and 2030 will likely exceed 250 mm lbs, completely depleting all commercial stockpiles"0⃣ tells U all U need to know as to why "Uranium has likely reached a pivotal inflection point that could force the price higher by as much as three- to four-fold over the next several years."💲⏫
Download the report and share it with family & friends📨 so that all may come to know the once-in-a-generation investing opportunity that is being offered up to patient long-term investors:😃
🔽👉https://t.co/b8pe0yNoLo

[Puranium Energy (CSE: UX) (FSE: 2DK0) @PuraniumEnergy]

#Namibia is the go to #uranium destination in Africa, from exploration to production. It is stable & #mining supportive. With good roads, grid #energy, local services, workforce, & a nearby port, water is a challenge for any project whether it's wells or a cut of existing supply.

[Puranium Energy (CSE: UX) (FSE: 2DK0) @PuraniumEnergy]

Preserving our capital structure for future success and protecting it during poor market conditions is a priority of $UX. We’ve made extra efforts to keep G&A cost burn to a minimum, as well as keeping our management team lean during this time.

[Puranium Energy (CSE: UX) (FSE: 2DK0) @PuraniumEnergy]

Our exploration properties are nearby to existing #uranium #mining infrastructure that is already in place. Walvis Bay, the destination for all uranium leaving Namibia, is right out our back door. Location makes discovery value creation even better.

[Puranium Energy (CSE: UX) (FSE: 2DK0) @PuraniumEnergy]

Unlike the crowded exploration space in Canada’s high grade Athabasca Basin, the Erongo #uranium district of Namibia is straight forward exploration work on lower grade shallow mineralization in a pro-mining, reasonable timeframe, and supportive jurisdiction. $UX

[Puranium Energy (CSE: UX) (FSE: 2DK0) @PuraniumEnergy]

Key Africa #uranium jurisdictions #Namibia and #Niger comparison summarized very well by @brandon_munro

[Brandon Munro @brandon_munro]

I'm getting a few too many "What does the #NigerCoup mean for #Nambia" type questions.
In short, nothing.
Namibia and Niger are:
1. VERY different (see infographic).
2. In distinct economic/treaty regions (SADC vs ECOWAS)
3. ~ 4500km apart (Moscow to Beijing).
Africa is diverse!

[Puranium Energy (CSE: UX) (FSE: 2DK0) @PuraniumEnergy]

We have one of the largest #uranium exploration land packages in Namibia for an exploration company of our size. With our local Namibian team, $UX is able to leverage key relationships in Namibia as we progress our projects toward potential discovery.

[Puranium Energy (CSE: UX) (FSE: 2DK0) @PuraniumEnergy]

Puranium $UX has the smallest market capitalization of our #uranium exploration peers in Namibia as well as the broader peers within Africa. Learn more about our projects, team, and capital structure: https://t.co/YCUKui7zx7

[Puranium Energy (CSE: UX) (FSE: 2DK0) @PuraniumEnergy]

Continued concerns in the fuel cycle. When the market share for EUP is concentrated in a small handful of countries, it escalates the potential for disruption. #Energy #Uranium

[Newsweek @Newsweek]

Novouralsk Nuclear Plant Blast—What We Know as Russians Rushed to Hospital
https://t.co/Y9egIhv7iu

[Puranium Energy (CSE: UX) (FSE: 2DK0) @PuraniumEnergy]

Discovery success in the junior natural resource sector creates substantial value even in poor market conditions. At Puranium, we have yet to progress through the exploration cycle, providing an early stage opportunity to potentially enjoy that exploration success. $UX #Uranium

[Puranium Energy (CSE: UX) (FSE: 2DK0) @PuraniumEnergy]

Our team has had past success with uranium exploration in Namibia. We believe we are well positioned for future success in this sector #uranium #energy #namibia

[Puranium Energy (CSE: UX) (FSE: 2DK0) @PuraniumEnergy]

Further evidence that enrichment capacity capitalization in the fuel cycle is needed now in expectation that western capacity improvements are realized by the end of the decade. Expansion highlights demand, which will flow into the #uranium #mining segment. $UX #energy #nuclear

[Urenco Global @urencoglobal]

Happy to announce that we've approved our first capacity expansion to sure-up the #nuclear fuel supply chain and boost worldwide #energysecurity.

This will take place at our @urencousa site in New Mexico.

More available here 👉 https://t.co/XGJTsSdd0k

#energy #netzero