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Ocean Wall’s ion U - #uranium market update @lawse ImageImageImageImage
News flow remains positive as the #uranium sector started to decouple from broader market headwinds over the past week. Close to $2bn added to the sectoral market cap, and the spot price sitting just below $50/lb mid-week.
- #Canadian regulatory amendments had US-bound EUP stranded in St Petersburg
- Further speculation suggests Germany could be pivoting on their nuclear phaseout strategy
- #Nuclear gets a boost at the #G7 Summit with Biden pledging $14m for #NuScale project in #Romania
Read 4 tweets
Thank you to @BloorStreetCap for yesterday's insightful #uranium discussion with some of the pioneers of the industry. A fantastic line up with in depth insight into all aspects of the #uranium sector.

Some of our highlights can be found the the thread below:
1/ “The world is recognising the science of nuclear power, not the false ideology.” – #NexGen CEO

“Price of #equities is screaming buy relative to the #spot price” – @uraniuminsider

“We’re on the cusp of a really really big move here [spot price]” – @UraniumEnergy
2/ #Sprott are seeing growing #institutional and #FO interest in the #uranium space. Very early stages of broad adoption by generalist #investors. Ciampaglia believes we are ‘just starting the second inning of this uranium cycle’.
Read 12 tweets

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