1/11) @Sprott's Physical #Uranium Trust🏦 has poured gas on a fire🔥 that was already burning under #Uranium #mining #stocks📈 due to incredibly bullish fundamentals💪 of surging #CarbonFree #Nuclear demand🏗️⚛️↗️ vs tanking #U3O8 supply⛏️⤵️ & strengthening daily.🏋️♂️ Here's a🧵4U👇 
2) #Uranium #mining #stocks are famous⭐️ for delivering extraordinary life-altering returns😎🍹🏝️ when they enter a boom cycle⤴️ after a long painful bear market for #Nuclear fuel😫when supply/demand fundamentals shift🌊 as they have now in early stages of a strong uptrend⬆️.../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🏗️⚛️ produce 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's mined #Uranium 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.0⃣🏭⛏️ U prices must rise to >$50/b for idled & over $60 for new mines to come online⚠️ .../7
7) #COVID19 pandemic has further deepened the #uranium supply deficit⚓️ due to long mine closures in #Canada & #Kazakhstan with no chance to make up lost production.⤵️⛏️ Meanwhile, 2 major U mines just closed⛔️ due to ore depletion & no large new mines are being built 0⃣🏗️🏭.../8
8) Throughout this period of declining mined supply↘️ #Nuclear utilities were 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 today's #nuclear demand⚛️🔌 should have been financed, licensed & built yesterday🏭 to increase U supply to rebalance the market.⚖️ Far higher #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 soar overnight to $200/lb🚀 it still can't speed up permitting & mine construction🦥 so #stocks will continue to soar higher🌜 providing life-changing gains 4 U😎⛵️🍾
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