Discover and read the best of Twitter Threads about #U3O8

Most recents (5)

1) On 25 July, Tribeca's Commodity Trading Specialist Guy Keller gave an excellent presentation outlining their #bullish #Investment case for #Uranium, expecting to increase their exposure to #U3O8 sector over rest of 2019 as #nuclear demand grows... asx.com.au/asxpdf/2019072…
2) Summary: drivers for higher #uranium prices include growing #demand for #nuclear #energy, #China reactor builds, recent #U3O8 supply cuts & long lead times to recover, mines unprofitable without 50% U price rise, inventories down as contracts roll off, 232 uncertainty gone...
3) #Uranium will play an increasingly important role in global supply of clean, stable, #nuclear base-load power generation given today's focus on environmental improvement amid rising global demand for #CarbonFree low emissions #electricity...
Read 17 tweets
Cameco $CCO $CCJ Conference Call is now over. Here are a few tidbits:
Purchases have increased to 21-23M lbs #uranium for 2019 calendar year. 12.7M lbs committed purchases so far. Will also begin purchasing for 2020 needs later this year. 70% of buying will be in Spot market...
Increase of 2M lbs in contracts was due to clients wishing to add some lbs to existing deliveries. Off-market discussions increasing with utilities on term contracting. Definite rise in #nuclear utility interest since 232 removed border trade issue...
Cameco says still lot of undisciplined producers/sellers in both Spot and Term markets keeping prices from recovering, but volumes of material dropping. Also took a shot at developers who are promising to bring on supply even tho unrealistic at current prices, not helping...
Read 11 tweets
@o_enzocrypto Great question Oenzo. I guess it's about time I laid out my overall #uranium #investment strategy. This thread will walk you thru my own personal strategy based on my own higher risk tolerance/experience. Note that I trade almost exclusively on Canada's TSX/TSX-V. Here goes...
@o_enzocrypto 1/ Always build a portfolio with core positions of strength. For me that's highest grade, highest quality undeveloped #U3O8 deposits in #Canada's #AthabascaBasin. Fission #Uranium $FCU, Denison Mines $DML, NexGen $NXE are top pick deposits with highest takeout potential.πŸ’°πŸ›’
@o_enzocrypto 2/ For Top Pick US Exposure to any #Section232 #Uranium trade action I own Energy Fuels $EFR and UR-Energy $URE as my largest US holdings. For additional leverage to US #Section232 I own near-term developers Anfield $AEC, Azarga $AZZ and Western $WUC with huge upside potential.
Read 7 tweets
Attracted by infamous #ViolentUpside of past #Uranium Bull Markets? πŸš€πŸŒœ #Investment choices are limited in this tiny niche sector with only ~60 companies left standing of over 500 #U3O8 related #stocks a decade ago. In this thread I will try to lay out some #investor options..πŸ—‚οΈ
For lowest risk #investment in #uranium best option is a traded Fund that holds Physical #U3O8. βš›οΈ In North America that's Uranium Participation (#TSX: $U OTC: $URPTF) & in #UK that's Yellow Cake PLC (#AIM: $YCA). A 3rd choice, Uranium Trading Corp $UTC, is set to IPO in US. ✍🏼
If you prefer to #invest in baskets of #uranium #stocks through ETF's for 1-trade in & out #U3O8 sector exposure, only 2 real choices. In North America, Global X Uranium ETF $URA on #NYSE, Indexed by Market CapπŸ“Š In UK, Geiger Counter Ltd Fund on LSE: $GCL cherry-picked by PM'sπŸ’
Read 19 tweets
"Underfeeding"? 🍼 What the heck is that?
And as a #uranium #investor, why should I care? πŸ€”

Follow this thread to find out what underfeeding is on #uranium supply side vs #nuclear energy demand, using "coffee beans" in place of #U3O8 Yellowcake. I hope I get this right. πŸ€žπŸΌπŸ˜‰
2/ Let's use "freeze-dried instant coffee" in place of "enriched #nuclear fuel" (EUP), where utilities are "coffee buyers", #uranium miners are growers, converters are roasters & grinders, & enrichers are factories where ground coffee is turned into packaged instant coffee.β˜•οΈ
3/ Coffee grower (#U3O8 miner) harvests, dries and bags coffee beans (Yellowcake) to be stored in warehouse until a coffee buyer either buys a few bags "on the Spot" or negotiates a long term contract for so many bags per year. Coffee buyer sends bags to be roasted & ground.πŸ›οΈ
Read 16 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!