1/14)#Uranium#mining#stocks have been thrashed by global market meltdown⏬ but U #investing thesis👨🏫 is most bullish in 4 decades!🤠🐂 This🧵will bring U up to speed🏇 on how a record U supply deficit⤵️⛏️ is colliding💥 with a global #Nuclear#Energy Renaissance⤴️🌞🏗️⚛️ 🌊🏄♀️👇2
2)Entering 2022, #Nuclear fuel consultants UxC & TradeTech estimated 200M lbs of #Uranium demand versus just 135M lbs of mined supply🔀 for a ~65M lbs primary deficit.↕️ #Nuclear utilities are drawing down inventory & relying on ~20M lbs of Secondary Supply to fill the gap.⛏️👇3
3)But then #Russia invaded #Ukraine🪖 turning global #Nuclear fuel market on its head.🙃 Russia's 39% of global enriched #Uranium, 27% conversion & 14% of mined U supply have been disrupted by US & EU sanctions, shipping bans & self-sanctioning by western utilities🇷🇺⚛️⛏️⛔️🇺🇸🇪🇺👇4
4)Western pivot away from #Russia's #Uranium has triggered record-breaking spikes in prices of UF6, Conversion & enrichment SWU⏫ as #Nuclear utilities scramble to find alternative supplies in the west.🛒 Anti-Russia pivot also cuts expected U Secondary Supply in half.✂️⚛️⛏️😟👇5
6)Suddenly a wave of new unanticipated #Uranium demand🌊🏄♀️ has been added to a global #Nuclear build-out already underway to achieve #NetZero.🌞🏗️⚛️ On top of that, #SouthKorea reverses its planned nuclear phase-out while #Japan moves to accelerate restarts of its reactors.🏇👇7
7)China has already announced plans to build 150 new #Nuclear reactors by 2035, approving 6 new reactor builds in April.🌞 India has announced plans to triple its nuclear capacity, confirming 10 more builds plus 6 giant EPR reactors it plans to build with France.⚛️🏗️⤴️👇8
8)Even #USA is reversing its decades of #Nuclear decline by launching a $6 Billion program to halt premature reactor retirements😯 & spend $4.3B to boost US enriched #Uranium supply.⛏️🇺🇸 Anti-nuclear #California is now working to halt 2025 closure of its Diablo Canyon NPP.🚨🚑👇9
9)Worldwide, plans to build mass-produced advanced Small Modular #Nuclear reactors (#SMR's) are moving into high gear.🏎️🧑🔬⚛️ Their #Uranium demand hasn't yet been added to demand models.😲 China, Canada, UK, US, Korea, France... over 70 designs in 18 countries today.🌞🏗️🌎⚡️👇10
10)Global #Uranium demand is surging⤴️ but supply is in a deep structural deficit from years of under-investment.⤵️⛏️ No major new mines are coming online.🤯 Kazatomprom has capped its production at -20% thru 2023, while Cameco will only ramp up production to -41% by 2024.🐌👇11
11)Many forget too that #Uranium mines operating today are being depleted & must be replaced.😲 But with inflation driving up costs, #Uranium prices must nearly double to $80+/lb⏫ for lenders & miners to give green lights for new mines that will take many years to build.🏭🦥👇12
12)#Uranium demand is now rising at an unprecedented rate⚛️📈 and pivot away from Russia adds new "secondary demand" thru a transition by western enrichers from underfeeding to overfeeding in order to replace lost Russian enrichment, driving need for even more mined U3O8.⛏️⤴️👇13
13) Mined #Uranium production data for 2021 just published by World #Nuclear Association came in at just 48,303tU (125.6M lbs #U308)⛏️ but with global supply chain disruptions from COVID-19 & Russia's war on Ukraine,🪖 achieving 2022 forecast of 135M lbs seems unlikely.⚠️😯👇14
14)#Nuclear demand⚛️⤴️ vs #Uranium supply⤵️⛏️ fundamentals are extremely bullish🤠🐂 but global market meltdown⏬ has driven prices of high quality U #mining#stocks to be deeply oversold🤿 in complete opposition to "Best Ever" fundamentals🔀 & primed for a strong rebound📈😃☘️💰
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1) U may feel gut-punched🥊 or prayers answered😇 by a #Uranium #mining #stocks pullback📉🎭 but every day now we see surging #Nuclear demand⏫⚛️🏗️ while a new US ban on Russian U🇷🇺🚢⛔️🇺🇸 adds even more need for Western #U3O8 in a deep supply deficit.🗜️⏬⛏️ Here's a thread 4U🧵👇
2)#Uranium is a commodity like no other🧬 with unique terminology such as #U3O8, Conversion, #UF6 & enrichment SWU😖 in a #Nuclear fuel cycle♻️⚛️⛏️ where price signals are now indicating huge incoming bull market waves🌊 that perhaps I can help U prepare to ride !🏄💰🤠🐂🧵👇../3
3) #Uranium is very different from fuels like #coal & #gas that are burned "as is" in #electricity power plants.🏭⚡️ #Nuclear fuel needs to be specially processed and packaged into fuel rods that are then loaded into reactors to generate #CarbonFree electricity.🌞⚛️⚡️🧵👇../4
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)🇬🇧🛒⛏️