Recently, @hkuppy was interviewed by @JackFarley96, discussing his views on #uranium. His strategy: direct exposure to physical uranium, a solid approach.

However, his analysis of the miners relies on flawed assumptions. This thread will present a few counterarguments.

1/14 🐸 2/14

Jack questioned Kuppy about why he avoids investing in #uranium miners. Kuppy's arguments included:

1. They forward-sold most of their pounds at $70lb.

2. The spot price will go straight up and then straight down because there'll be an epic supply glut again.

$GLO 🇳🇪 My Risk/Reward Strategy
1/22 🐸

In March 2022, $GLO traded at a -53% jurisdictional discount compared with its 🇺🇸 peer, $UEC. Since the July 2023 Coup, that discount has grown to a -90% discount. Is this justified? Has #Niger become uninvestable? Will $GLO ever recover? 2/22

While $UEC's market cap has doubled, $GLO's market cap has decreased by 55%. To return to its previous jurisdictional discount of -53%, GLO would need to see a 411% increase, assuming UEC and the broader #uranium market do not rise further.

#Mali 🇲🇱 @BarrickGold Expropriation?
1/13 🐸

@JfCollinso95293, one of the critical voices that opposes some of my views was so kind to share a news update on Mali and reports signaling the Junta might be considering nationalizing producing gold miners.

Let's dissect this... 2/13

@globeandmail reports that @BarrickGold is facing uncertainty in #Mali 🇲🇱. It cites two reports. One comes from the @ADFmagazine, published by the @USAfricaCommand 🇺🇸, and the other from @TheAfricaReport, run by @DBenYahmed, a French 🇫🇷 incorporated media company.

$GLO 🇳🇪 Risk Scenarios Analysis
1/17

The Junta has invited Russian 🇷🇺 military trainers into #Niger. While many expect this to be the end of US 🇺🇸relationships with #Niger, US officials keep repeating that diplomatic discussions are ongoing.

Let's assess the worst outcomes. 2/17

The greatest risk for $GLO 🇳🇪 is unlawful expropriation. Although not impossible, I consider the risk to be low, with no recent precedents in Burkina Faso or Mali. Seizing & developing an asset is challenging; #Niger collecting taxes & royalties tends to be more beneficial.

$NXE 🇨🇦 #UGTMF Risk Analysis
1/25 🐸

The Underground Tailings Management Facility is central to @NexGenEnergy_ ESG approach for #uranium production at Arrow. Potential regulatory/technical issues could set the timeline back by years.

Ps: I'm not a mining/environmental expert. 2/25

During the Q3 2023 Earnings Call, @leighcuryer addressed federal regulator queries, labeling the 48 flagged items by CNSC as "fairly immaterial" and assured $NXE could quickly respond.

Let's take a step back before I show why I consider this an underrepresentation of risk.

$GLO 🇳🇪 #DFS Update Analysis
1/21

The '24 Study has extended the #Dasa Mine Life from 12 to 23 years, Mineral Reserves have increased by 50% to 73Mlbs U₃O₈, and #uranium production from Dasa has increased by 55% to 68.1Mlbs. But AISC increased by 42% 👀

Let's analyze further. 2/21

If we compare the $GLO 2021 DFS with the 2024 DFS, it becomes obvious that despite the increase in mineable resources by about 50%, the NPV⁸ basically remained the same, while the IRR has dropped significantly. This is in part due to the higher AISC.

$NXE Financial Shenanigans🚩
Introduction Thread 1/19

A preview of my upcoming deep dive into $NXE's potential financial tricks, technical hurdles, and unique risks. We begin with a low-hanging fruit: Management compensation🚩

The full report will be released in due time... 2/19

Let's properly analyze @NexGenEnergy_'s Executive Compensation Peer Group Benchmarking, like nobody else has done before. It took me mere seconds to detect the shenanigan🚩

Key themes:

1. Why this benchmark is flawed
2. How they veiled it without misrepresenting the facts

$SUU 🇨🇦 Financial Shenanigans🚩
/1 🧵

Disclaimer: I have no position (short/long) in @Strathmoreplus. All the information provided has the sole intention of informing current & future shareholders. I have not done a deep dive; I have only focused on selected key issues. DYOR /2

@Strathmoreplus was originally incorporated on May 8, 2007 under the name “Crazy Horse Resources Inc.”, a Philippines-focused🇵🇭 copper-gold exploration company. Around 2014, Devinder Randhawa took the helm as CEO...

$CCJ Q4 2023 Conference Call - 1/18 🧵

Following the latest $CCJ call, a flurry of speculation, defenses, and attacks erupted on #Utwit over the last few days. I feel compelled to express my views in a small thread because conversations on this platform are challenging to have. 2/18

First off, I harbor no animosity towards @cameconews or its executive team. I hold Grant in high regard; he's a very wise and committed individual, breathing #uranium & nuclear power. However, there are some points I'd like to critique...

#Uranium versus Oil, Gas, and Coal Market Dynamics: A Financially Illiterate Comparative Analysis 🐸

Chapter Six (6/6): Investment Time-frames

1/12🧵 2/12

Disclaimer: I am not an authority on anything, let alone the energy markets. The sole intention here is to stimulate further analysis & insights. I think this is vital for those in the energy mineral sector considering a position in #uranium. Feel free to correct any flaws.

#Uranium versus Oil, Gas, and Coal Market Dynamics: A Financially Illiterate Comparative Analysis 🐸

Chapter Five (5/6): Cost Implications for End Users

1/14🧵 2/14

Disclaimer: I am not an authority on anything, let alone the energy markets. The sole intention here is to stimulate further analysis & insights. I think this is vital for those in the energy mineral sector considering a position in #uranium. Feel free to correct any flaws.

#Uranium versus Oil, Gas, and Coal Market Dynamics: A Financially Illiterate Comparative Analysis 🐸

Chapter Four (4/6): Liquidity and Pricing Mechanisms

1/14 🧵 2/14

Disclaimer: I am not an authority on anything, let alone the energy markets. The sole intention here is to stimulate further analysis & insights. I think this is vital for those in the energy mineral sector considering a position in #uranium. Feel free to correct any flaws.

#Uranium versus Oil, Gas, and Coal Market Dynamics: A Financially Illiterate Comparative Analysis 🐸

Chapter Three (3/6): The Contractual Nature

1/15 🧵 2/15

Disclaimer: I am not an authority on anything, let alone the energy markets. The sole intention here is to stimulate further analysis & insights. I think this is vital for those in the energy metals sector considering a position in #uranium. Feel free to correct any flaws.

#Uranium versus Oil, Gas, and Coal Market Dynamics: A Financially Illiterate Comparative Analysis 🐸

Chapter Two (2/6): Supply versus Demand Elasticity: Lead Times and Sunk Costs & Exploration and Extraction Difficulty

1/15 🧵 2/15

Disclaimer: I am not an authority on anything, let alone the energy markets. The sole intention here is to stimulate further analysis & insights. I think this is vital for those in the energy metals sector considering a position in #uranium. Feel free to correct any flaws.

#Uranium versus Oil, Gas, and Coal Market Dynamics: A Financially Illiterate Comparative Analysis 🐸

Chapter One (1/6) : Market Sensitivity and End-User Applications

1/14 🧵 2/14

Disclaimer: I am not an authority on anything, let alone the energy markets. The sole intention here is to stimulate further analysis & insights. I think this is vital for those in the energy metals sector considering a position in #uranium. Feel free to correct any flaws.

John Quakes🤥 The Sophist 🎭🐍

This is my final response to this fake sophist's (latter-stage negative connotation) attacks, where I will show how he is more interested in winning an argument through clever but misleading reasoning rather than seeking the truth. @quakes99

1/12 2/12

This is his latest attack on me, my research, and some other critically-minded #Utwit accounts that helped research and expose shady #uranium company management along the way. I will break this down and show how he employs his sophistry to mislead his followers. 🤥🐍

$FUU 🇨🇦 Financial Shenanigans🚩
1/21

Disclaimer: I have no position in $FUU, neither short nor long. All information provided has the sole intent of informing current shareholders and future investors. I have not done a deep dive; I have only focused on selected key issues. DYOR 2/21

In this thread, I will show how the CEO, Dev Randhawa, has made several misrepresentations of the facts related to stock option compensations and insider transactions in one of his recent interviews. I will also show other 🚩 I encountered during my research analysis.

$DYL @DeepYellowLtd 🇳🇦🇦🇺 Mulga Rock
🧵 1/8

On the 29th of December 2023, a few Australian newspapers released articles with some volatile headlines regarding Deep Yellow's Mulga Rock project: NUKE & DESTROY, according to a "nuclear policy analyst." 2/8

Meet David Sweeney, the "analyst" mentioned in the press releases. Prominent Australian 🇦🇺 anti-nuclear campaigner. He is "one of the nation's hardest-working anti-nuke campaigners," according to Matthew Stevens of the Australian Financial Review.

I have not had the time to give my own views on the recent @PauloMacro's #uranium bear thesis. I just shared some quotes from the most recent Mike Alkin interviews up until now.

People who bring a solid bear thesis to the table are very appreciated. How solid is this one?

*1/25 *2

First of all, I don't know anything about ETF flows. I am financially illiterate. So, a big chunk of Paulo's thesis falls outside my intellectual scope. What I can touch upon is: Are junior miners fairly valued? If Spot prices hit $100lb, will equities still underperform?

Exposing @MadisonMetals🚩 Shenanigans

A Deep Dive Story on Duane Bennet Parnham and His Eternal Quest for Cash 💵💵

Open-ended 🧵#1

Thanks to the collaboration of #Utwit autists: @toiletkingcap @brianapple12 and @GitzelsGreen 🙏 #2

Where do I start? Our research has not yet concluded, and there are still too many open angles.

However, observing the dangers for potential investors, I feel compelled to rush this ahead and present the initial findings.

Let me introduce you all to Duanne B. Parnham:

The Three #Uranium Scenarios
🧵 1/15

As a financially illiterate anonymous frog, I am keeping an eye on the unfolding of the following scenarios to keep an eye on when to exit this stooged sector.

And yes, I will use one of my favorite Uranium shitcos as the case study example. 2/15

So let's take $DYL @DeepYellowLtd ($530m USD mc). Let's try and speculate the possible future valuation if #uranium prices remain well above their incentive levels, which John Borhsoff himself has boldly established at $65/lb minimum, and possibly higher. Let's dissect.