Sean Benson

Professional investor with interest in contrarian themes. All views are my own.

[Ocean Wall Ltd @oceanwall2]

Ocean Wall are delighted to formally close the private placement of over $8m for ASPI Isotopes (NASDAQ: ASPI).

ASPI are pioneering Quantum Enrichment technology for the production of HALEU, presenting the potential of a scalable, low-cost solution to the global HALEU deficit.

[Mehreen Khan @MehreenKhn]

Happy new year from Planet Brussels where this has just landed in some people's inboxes 🎁 #taxonomy

[wade allison @radiationreason]

Why fear nuclear energy? https://t.co/mq7bqqOkx8 via @spectator

[Sean Benson @sb7440tweet]

@1ahmedh1 @hkuppy @RealRickRule @kevinmuir I wouldn’t put an upper bound on it Ahmed…
What price did Thales send Olive presses to?

[Sprott Asset Management @sprott]

Sprott Physical Uranium Trust Announces Filing of Amended and Restated Base Shelf Prospectus

#SPUT $U.UN $U.U #Uranium

https://t.co/BMWSqhN97o

For more information, please visit https://t.co/PcaG53VfN5

[FT Commodities @ftcommodities]

Uranium prices soar as investors scoop up nuclear power fuel https://t.co/AAIQg9tI5a

[John Quakes @quakes99]

#UK PM Boris Johnson: Now is the time to plan our green recovery 💰🌲⚛️🏗️ Point 3 of 10-point plan — "we will take forward our plans for new #nuclear power, from large scale to small and advanced modular reactors."🌞👷 #Uranium #CarbonFree #NuclearWave🌊 https://t.co/W6ltcUjPNQ

[Cameco Corporation @cameconews]

#Cameco pleased as Federal Court of Appeal unanimously upholds Tax Court decision - https://t.co/5LNa18dKmM

$CCO.CA, $CCJ

[Sean Benson @sb7440tweet]

“The NFWG report also provides a menu of actions the U.S. government can take to support domestic uranium mining, including creating a U.S. uranium reserve, and potentially increasing the size of the American Assured Fuel Supply.”
https://t.co/bYL5yqHXNP

[Sean Benson @sb7440tweet]

Note the EFR acquisition announcement of PFN explicitly, for the first time in EFRs statements, separates the potential 17-19mlbs for the AAFS and the $150m strategic reserve (both over 10 years) pools that were mentioned in the NFWG report...

[John Quakes @quakes99]

The US #Nuclear Fuel Working Group Report has now been released: "Restoring America's Competitive Nuclear Advantage" ⚛️⛏️ #uranium #U3O8 #Energy #USA #NFWG Download it here: https://t.co/r7OMNjYfqS

[Sean Benson @sb7440tweet]

Nice start...

[numerco @numerco]

Spot #uranium 2800/2850 USc/Lb #U3O8 (Chg +55c, +1.95%) See https://t.co/7iYx7kyiyV for chart

[Kazatomprom @NAC_Kazatomprom]

“As the impact of COVID-19 continues to be felt around the world, Kazakhstan has taken strong steps to slow the spread of the virus,” said Galymzhan Pirmatov, chief executive officer of Kazatomprom.

[Sean Benson @sb7440tweet]

“As from 28 March 2020 the Rössing Uranium mine will discontinue normal mining operations and enter a period of minimal mining operations. As a safety measure critical maintenance work will continue.” https://t.co/Eodx5hdLZK

[Sean Benson @sb7440tweet]

Nice climate change simulator from MIT - here's a scenario which gets us to a 1.5% temp rise... @climateinteract and @MITSloanSusty https://t.co/8lTWy8E3ZI

[Sean Benson @sb7440tweet]

@staffpro11 @FootnotesFirst @SachemCove Once you convert you will enrich so the UF6 is sent to the enrichers (SWU price increases). I’ll skip over the secondary effects but basically to replenish inventories the utilities will have to purchase U308 (...of which we know there isn’t enough supply at current prices).

[Sean Benson @sb7440tweet]

@staffpro11 @FootnotesFirst @SachemCove Conversion capacity has been constrained causing a bottle neck, resulting in the conversion price rise. First stage is UF6 runs low, enrichers need UF6 to enrich, so utilities are sending their existing inventories to be converted to UF6 (conversion capacity down, price rises).

[Sean Benson @sb7440tweet]

@GlobalFire123 V positive for UK nuclear. The final UK energy policy was due end Dec 19, delayed obviously, but this will come in 2020 and would be the perfect place to include additional pro nuclear policies

[Uptrend Mining @UptrendMining]

BREAKING NEWS: The U.S. is ending sanctions waivers for the Fordow Fuel Enrichment Plant 🇮🇷, effective December 15th #uranium #nuclear