U may feel sucker-punched🥊 or prayers answered😇 or got stopped out🤨 by correcting #Uranium#mining#stocks📉 but 1 thing's 4 certain... #U3O8 supply⛏️⏬ vs #Nuclear demand⚛️🏗️↗️ fundamentals are getting stronger every day🏋️♂️ with even better (re)entry prices now.🛒 A🧵4U👇 ../2
2) If you're new to #Uranium & #mining#stocks in general👼 then U need to understand why this highly cyclical🔃 mined #nuclear reactor fuel⛏️⚛️ is famous for delivering extraordinary life-altering returns😎🍹 when it enters a boom cycle after a decade long bear market🚀.../3
3) #Uranium is a cyclical commodity🔃 that goes through boom & bust cycles based on supply vs demand imbalances⚖️ magnified to extremes by supply security fears😨 as there is no available substitute fuel for #nuclear reactors & production is concentrated in so few countries .../4
4) Like other commodities #Uranium rises in value when supply is scarce🏜️ which in turn triggers more production to meet demand⛏️ but because it's the most regulated mined metal📚 subject to extremes of environmental scrutiny🧐 bringing new mines online is costly💰 & slow🐌 .../5
5) Lengthy time delays to get new #Uranium mines built or idled mines restarted🥱 while #nuclear fuel demand keeps growing🏗️⚛️ produces what can become an extreme supply deficit that keeps pushing uranium prices higher & higher as fuel buyers panic that they won't get fuel😱 ../6
6) Today the #Uranium#mining sector is in a significant #U3O8 supply deficit due to 10 years of a low commodity price & under-investment in exploration, development & construction of new mines.🏭⛏️ Today's U price is 1/2 that needed to bring idled and/or new mines online⚠️ .../7
7) #COVID19 pandemic has further deepened the #uranium supply deficit due to lengthy mine closures in #Canada & #Kazakhstan with no chance to make up that lost production.⤵️⛏️ Meanwhile, 2 major U mines just closed⛔️ due to ore depletion & no new mines are being built. 0⃣🏭 .../8
8) Throughout this period of declining mined supply↘️ #Nuclear utilities have been under-buying U, drawing down inventory & relying on other #uranium sources (Secondary Supply) to meet demand instead of signing new supply contracts.✍️ They're now running low & must restock⛽️ ../9
9) What will make this #Uranium boom cycle even more extreme🚀 is new global decarbonization #ESG drive🌞 requiring far more #CarbonFree#nuclear#energy to meet #NetZero emissions goals⚛️🏗️ further supporting & spiking demand higher⤴️ in midst of a sustained U deficit⏬⛏️ .../10
10/ New #uranium mines⛏️ to meet existing #nuclear demand should have been financed, licensed & built yesterday🏭 to increase U supply to rebalance the market.⚖️ A doubling of #U3O8 prices💲💲 and another $5B+ investment💰 is needed to build the required new mines ASAP⌛️🏗️ .../11
11/ But building new #Uranium mines can take many years for this highly regulated commodity.🐌 Even if U prices do double & $10B flows in💵 it still can't speed up permitting & mine construction🦥 once again leading to spiking prices🚀 & life-changing gains 4 U #stocks.🔜💰☘️🌈🤠
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If U are a newbie👶 unfamiliar with #Uranium, a commodity unlike any other with its own unique concepts & terminology such as #U3O8, Conversion, #UF6 & enrichment SWU😖 then this Tutorial thread👨🏫 on the #Nuclear fuel cycle♻️⚛️⛏️ may help U to ride the bull wave!🌊🏄🤠🐂🧵👇../2
2) #Uranium is a very different fuel unlike #coal & #gas that are burned "as is" in #electricity power plants.🏭⚡️ #Nuclear fuel needs to be specially processed and then packaged into fuel rods that are then loaded into reactors to generate #CarbonFree electricity.🌞⚛️⚡️👇../3
3)Mined #Uranium⛏️is processed into drums of Yellow Cake #U3O8🛢️that in the West are shipped🚢🚛 to plants in Canada, US & France for "Conversion" into a gas form called #UF6 which is then shipped in cylinders🚛 to plants in US & Europe for "Enrichment" into #Nuclear fuel⚛️👇../4
1) With #Uranium Explorers mobilizing for winter drilling in #Canada's #AthabascaBasin⛏️ it's time⏳ for a thread on how to interpret drill data🗒️ coming soon in news releases.📰 Misunderstanding data can lead to missed opportunities.💰😟 Maybe I can help U get ready!👨🏫🧵👇.../2
2) #Uranium explorers drill rock core samples looking for signs of #U3O8 bearing ore.🧐 Rarely do they hit high-grade on first few attempts.😟 Geologists first look for visual signs in the core samples. Here's a description from pre-discovery 2013 drilling at $NXE's Arrow👇.../3
3) Visual inspection of core samples is just 1 of many steps taken to see if #uranium is found. Presence of radioactivity is best indicator☢️ so all cores are scanned with an instrument called a Hand-held Scintillometer to produce "Scint" CPS tables for each core interval.🗒️.../4
If you've heard about #Uranium soaring past $100 to 16-year highs💯🎇🦻🐦 amidst a global #Nuclear #energy resurgence⤴️⚛️bringing unprecedented U demand⛏️🛒 and wonder how U can invest💵🤔 in U #mining #stocks famous for spectacular gains🎆💰😃 here's a🧵on ways U can play.🤠🐂👇
If you're just beginning to invest in #Uranium #mining #stocks👶 then a great starter🥣 is #investing in a 100% Pure-Play Uranium ETF: $URNM 🇺🇸🇬🇧🇦🇺 or Horizons Global Uranium Index ETF $HURA 🇨🇦 giving U broad #U3O8 sector exposure⛏️😃 while U do your research📚🧐👇#Nuclear⚛️🤠🐂
The world's largest and most liquid #Uranium ETF with $2.8 Billion AUM💰 is offered by Global X but is weighted at only 70% U #stocks⚠️ with the other 30% for #Nuclear component makers⚛️🏭 & generic miners⛏️at ticker $URA 🇺🇸 also offered as $URNU 🇬🇧 and $ATOM 🇦🇺 🤠🐂
If you've heard about #Uranium breaking out to new 15-year highs🎇🦻🐦 amidst a global #Nuclear #energy resurgence⤴️⚛️ bringing unprecedented U demand⛏️🛒 and wonder how U can invest💵🤔 in U #mining #stocks famous for spectacular gains🎆💰😃 here's a🧵on the ways U can play.🤠👇
If you're just beginning to invest in #Uranium #mining #stocks👶 then a great starter🥣 is #investing in a 100% Pure-Play Uranium ETF: $URNM 🇺🇸🇬🇧🇦🇺 or Horizons Global Uranium Index ETF $HURA 🇨🇦 giving U broad #U3O8 sector exposure⛏️😃 while U do your research📚🧐👇#Nuclear⚛️🤠🐂
The world's largest and most liquid #Uranium ETF with $2.4 Billion AUM💰 is offered by Global X but is weighted at only 70% U #stocks⚠️ with the other 30% for #Nuclear component makers⚛️🏭 & generic miners⛏️at ticker $URA 🇺🇸 also offered as $URNU 🇬🇧 and $ATOM 🇦🇺 🤠🐂
If you've heard about a global #Nuclear #energy resurgence⤴️⚛️👂🐦 driving demand for #Uranium that's in a deep supply deficit⤵️⛏️ and wonder how U can invest💵🤔 in this tiny #mining #stocks sector famous for spectacular gains🎆💰😃 here's a🧵 on the various ways U can play.🤠👇
To build your own #Uranium #mining #stocks portfolio📂 of #U3O8 equities traded in #Canada, #USA, #Australia & #UK🛒 U could choose from the holdings of 100% pure-play '@Sprott Uranium Miners ETF' $URNM 🇺🇸🇦🇺🇬🇧🛒⚛️⛏️🤠🐂 #Nuclear #investing #NetZero #ESG🏄♂️ sprottetfs.com/urnm-sprott-ur…
Lowest risk #Uranium #investing option🦺 is a Fund that stacks raw #Nuclear fuel #U3O8🏦⚛️ providing direct 1-to-1 exposure to U3O8 Spot price.📈👯 In North America that's @Sprott Physical Uranium Trust (TSX: $U.UN $U.U OTC: $SRUUF)🇺🇸🇨🇦 & in #UK Yellow Cake plc (AIM: $YCA)🇬🇧🛒⛏️
Quantifying #Uranium demand:🧵🛒⚛️⛏️🧮 I see investors using a wide range of figures when it comes to calculating estimates for U demand.↕️ What are the sources of Uranium demand today & in future, apart from what's consumed each year by #Nuclear reactors?🤔 Let's explore!🧑🏫../2
2) First let's make sure we understand the terms used to express #Uranium quantities.🤬 #Nuclear fuel requirements are usually quoted as 'metric tonnes of U' => 'MT U' or 'tU' ⚖️ but miners fill drums of yellow cake🛢️ which is #U3O8 that's not pure U so we must convert.🧮../3
3) TradeTech provides a handy conversion table to convert #Uranium quantities between tU & lbs #U3O8.📊 One tU is contained in 2599.79 lbs of #U3O8, so if a reactor consumes 200 tU per year it needs approx 200x2600 = 520,000 lbs drummed #U3O8 to supply that.🛢️⚛️⛏️ Got it?😀 ../4