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⚛️🤠🐂

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…

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

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…

1) The #Uranium #investing opportunity⛏️💰 emerges from an unexpected & accelerating #Nuclear Renaissance🏎️🌅⚛️🏗️ creating unprecedented demand for #U3O8🛒 already in a deep multi-year structural supply deficit⏬ that can only be repaired by far higher #U3O8 prices💲⏫🐂🧵.../2👇 2)The #Uranium #mining #stocks #investing thesis in a nutshell🥜 is that after Fukushima the #U3O8 price sank, new mine projects were cancelled, many mines closed, investment dropped💰⤵️ as investors mistakenly thought '#Nuclear #energy is dying'🪦 but they were wrong!✖️😯../3👇

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)🇬🇧🛒⛏️

1)#Russia's war on #Ukraine🪖 led to prices for #Uranium Conversion & Enrichment SWU more than doubling in 2022⏫ in a price wave🌊 cascading down #Nuclear fuel cycle towards mined #U3O8⛏️ as per Cantor Fitzgerald👇 as enrichers switch to "overfeeding".🍼🍼 A thread for U!👨‍🏫🧵👇2 2)#Uranium is a very different fuel than #coal & #gas that are burned "as is" in #electricity power plants.🏭⚡️ #Nuclear reactor fuel needs to be specially processed & then packaged into fuel rods that are then loaded into reactors to generate #CarbonFree electricity.🌞⚛️⚡️👇../3

1) The #investing opportunity in #Uranium⛏️💰 emerges from an accelerating #Nuclear Renaissance🏎️⚛️🏗️ creating unprecedented demand for #U3O8🛒 that was already in a deep multi-year structural supply deficit⏬ that can only be repaired by far higher #U3O8 prices.✖️2⃣⏫🐂🧵.../2👇 2)The #Uranium #mining #stocks #investing thesis in a nutshell🥜 is that after Fukushima the #U3O8 price sank, new mine projects were cancelled, many mines closed, investment dropped💰⤵️ as investors mistakenly thought '#Nuclear #energy is dying'🪦 but they were wrong!✖️😯../3👇

1) As promised, here's a thread showing how #Uranium requirements for just one typical 1000MW #Nuclear reactor in the West have increased by over 9% since #Russia invaded #Ukraine🪖 pushing up mined #U3O8 feed by nearly 20% in new enrichment contracts.🧾⛏️ Old 2021 model.👇🧵...2 2) For illustrative purposes I'll use Spot #Uranium & #Nuclear fuel cycle prices published by @Numerco a year ago on 16 December 2021 before #Russia's invasion🪖 when optimal tails assay was 0.146%:
#U3O8 $43.26/lb
Conversion $16.01/kgU
UF6 $129.04/kgU
SWU $56.13
👇🧵.../3

1) The #Uranium #mining #stocks #investing thesis in a nutshell🥜 is that after Fukushima the #U3O8 price sank, new mine projects were cancelled, many mines closed, investment dropped💰⤵️ as investors mistakenly thought '#Nuclear #energy is dying'🪦 but they were wrong!✖️😯../2👇 2) #Nuclear #energy has recovered over the past decade⚛️🏗️⤴️ so that #Uranium demand today is back where it was before Fukushima & surging higher.🌞 A #Nuclear revival has been underway for years📈 now kicked into high gear🏎️ by an #EnergyCrisis & #NetZero targets.🎯⚡️⏫ .../3👇

1) #Zaporizhzhya #Nuclear plant update: Grid power restored, all 6 reactors in cold shutdown= no fission, no possibility of runaway chain reactions, meltdowns or other severe events.🦺 Even without grid power & backup generators a radiation release is "extremely unlikely"../2🧵👇 2) #Zaporizhzhya NPP's reactors were upgraded after Fukushima⚛️🧰👷 to prevent any hydrogen explosion & radiation release💥 as happened in Japan due to the lack of a steel-reinforced concrete containment dome and passive hydrogen venting in their 1960's vintage reactors.☮️.../3👇

1) The #Uranium #mining #stocks #investing thesis in a nutshell🥜🧵 is that after Fukushima the price of #U3O8 sank, new mine projects were cancelled, many mines closed, investment dropped 💰⤵️ as investors thought "#Nuclear #energy is dying"🪦 but they were wrong!✖️😯 .../2👇 2) #Nuclear #energy has grown steadily over past decade so that #Uranium demand today is back where it was before Fukushima.🌞⚛️🏗️↗️ A #Nuclear renaissance has been quietly underway for years📈 & has been kicked into high gear by the #ClimateCrisis & #EnergyCrisis.🏎️🏗️⏫ .../3👇

Great news from #Ukraine😌 as all 6 reactors at #Zaporizhzhia #Nuclear plant are in cold shutdown -no fission reactions generating heat, no possibility of runaway chain reactions or other extreme events -making any "radiation release" extremely unlikely thanks to Fukushima ../2🧵

https://twitter.com/NucNetNews/status/1568923052842311683

2)Fukushima Daiichi #nuclear reactors were 1960's vintage with no steel-reinforced concrete containment. A loss of backup power led to a hydrogen explosion & radiation release. After Fukushima, ZNPP reactors were upgraded to prevent that from ever happening at #Zaporizhzhia .../3

1)On Friday Congress was asked for $1.5 Billion in "emergency" funding for "acquisition and distribution of low-enriched #uranium(LEU) and high-assay LEU(HALEU)"🛒 "to address potential future shortfalls in access to Russian uranium and [#nuclear] fuel services"⚛️⛏️🇷🇺 A 🧵../2👇 2)US #Nuclear utilities send #Russia hundreds of $Millions per year under a "Russian Suspension Agreement" US government extended in 2020 that allows utilities to purchase & import 20% of their enriched #Uranium reactor fuel from Russia (about 10M lbs/yr #U3O8 equivalent)😯../3👇

1) While market meltdowns🫠 & #Ukraine war FUD😱 may be raining on #Uranium for now⛈️ a huge Shockwave💥 dubbed 'overfeeding'🍼 is already crashing thru the seemingly calm #Nuclear fuel market.🌀⚛️⛏️ I've created a Tutorial👨‍🏫🧵 to help prepare U to ride the coming wave.🌊🏄💰👇2 2) #Uranium is a very different fuel than #coal & #gas that are burned "as is" in #electricity power plants.🏭⚡️ #Nuclear reactor fuel needs to be specially processed & then packaged into fuel rods that are then loaded into reactors to generate #CarbonFree electricity.🌞⚛️⚡️👇3

In 2017 #Kazakhstan cut its #Uranium production to -20% below max permitted levels for 3 years 2018-2020⚛️⛏️⤵️ extended 3 times since thru 2023.➡️ Yesterday they extended cuts thru 2024 at -10% below max levels↗️ as #U3O8 prices still don't signal a return to full production.🤠🐂 Tho #Kazakhstan says it's intending to begin to raise its #Uranium production 18 months from now in 2024🐌 they warned in their H1/2022 results yesterday that they may not be able to increase production in 2024⚠️ due to "significant challenges" created by global supply chains.🚛

1) The #Uranium #mining #stocks #investing thesis in a nutshell🥜🧵 is that after Fukushima the price of #U3O8 sank, new mine projects were cancelled, many mines closed, investment dropped 💰⤵️ as investors thought "#Nuclear #energy is dying"🪦 but they were wrong!✖️😯 .../2👇 2) #Nuclear #energy has actually been growing steadily over past decade so that #Uranium demand today is back where it was before Fukushima.🌞⚛️🏗️↗️ A #Nuclear renaissance has been quietly underway for years but few have noticed🤷 and it's set to grow for years to come!⏫ .../3👇

Fellow $UEX holders,
After careful review🧐 it appears to me that UNLESS $UEX shareholders vote AGAINST the proposed takeover by #Uranium Energy $UEC on Monday at 10AM, Denison's Superior Proposal will become null & void and the bidding war will grind to a halt.⚔️⛔️ .../2 2) According to the terms of $UEC's Agreement with $UEX, they have 5 business days from August 9th in which to match Denison's Superior Proposal which, correct me if I'm wrong, is by 5PM Vancouver time on Monday, August 15, 5 hours AFTER the 10AM UEX shareholders meeting. .../3

Question 4 U @brandon_munro et al re knock-on effects on WNA #Uranium demand figures from overfeeding by enrichers: WNA quotes U demand at 62,496tU (162.5M lbs #U3O8) per 393,744MW #Nuclear capacity = ~413K lbs/1000MW. AFAI can tell, this figure accounts for a SWU surplus... 2) which has led to underfeeding which reduced amount of #Uranium (UF6 & mined #U3O8) required to enrich #Nuclear fuel to achieve the necessary fuel load for each reactor, circa 15% below that which would be needed if there was no SWU surplus. Is that correct?🤔 in other words...

1) The #Uranium #mining #stocks #investing thesis in a nutshell🥜🧵 is that after Fukushima the price of #U3O8 sank, new mine projects were cancelled, many mines closed, investment dropped 💰⤵️ as investors thought "#Nuclear #energy is dying"🪦 but they were wrong!✖️😯 .../2👇 2) #Nuclear #energy has actually been growing steadily over past decade so that #Uranium demand today is back where it was before Fukushima.🌞⚛️🏗️↗️ A #Nuclear renaissance has been quietly underway for years but few have noticed🤷 and it's set to grow for years to come! .../3👇

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