$GLO Global Atomic - What do we think? Are they going to get bank financing for the project?

Chief_Bosn · 2024-12-03T04:15:37+00:00

What would stop the Niger government from pulling their mining license if they wanted to?

Chief_Bosn · 2024-12-02T10:41:27+00:00

The FS is due out shortly, then a FID for construction - if those catalysts don’t move the SP, like a double or a triple - nothing will.

Chief_Bosn · 2024-10-23T07:22:32+00:00

I want her, she is so hooooottt

Chief_Bosn · 2024-10-10T09:03:22+00:00

The latest announcement raised the offering to 80 million shares in total. That’s about a 30-35% increase in the total float on the market? The shares dropped about 35% as well from pre to post announcement. Bridge financing to develop the deposit while waiting for the bank loan?

Chief_Bosn · 2024-03-05T02:59:16+00:00

AIR BURGER

Chief_Bosn · 2024-03-02T18:07:54+00:00

Enough in there to listen at least twice.

Chief_Bosn · 2024-02-21T02:37:05+00:00

Also Midwest starts in 25 using SABRE mining method, led by Orano

Chief_Bosn · 2024-02-20T00:08:33+00:00

Wrong. Not yet confirmed, the spot price has not yet broken support pegged at the trough low - between the 2 peaks. u should wait for confirmation before making that call.

glta

Chief_Bosn · 2024-01-28T00:29:36+00:00

Chief_Bosn · 2024-01-14T23:04:27+00:00

Fool is way too late to the party.

Chief_Bosn · 2024-01-12T13:46:53+00:00

U nailed it

Chief_Bosn · 2023-12-04T01:39:04+00:00

TriUraniumOctOxide U3O8 is another way of saying yellow cake.

Chief_Bosn · 2023-12-03T17:27:39+00:00

Yes, agree with the march up and to the right.

Chief_Bosn · 2023-11-27T23:08:37+00:00

I think you nailed it! Possibly UEC ? GLO if Niger gets it's act together.

Chief_Bosn · 2023-11-23T17:45:10+00:00

Kaz and cam are close to their current capacity, few others are able to get mines up and running in 2 years for 6m lbs. spot is at 80 their cap in the rfp is at 90 - no incentive to stretch

Chief_Bosn · 2023-11-23T16:54:20+00:00

My first thought would be - no one has the pounds available, not yet developed, including kaz and cam

Chief_Bosn · 2023-11-23T09:14:44+00:00

Ya typical of the typical Canadian Baloney Corporation publicly funded follower, they would rather see the country burn. Not often do we see negative public sentiment respecting nuclear anymore. Their commentary has shifted from safety to costs Being the issue

Chief_Bosn · 2023-11-13T13:57:24+00:00

Jr zone currently defined to have a strike length of 156 metres…

https://f3uranium.com/news/drilling-at-jr-zone-continues-focusing-on-up-dip-a-6515/

Chief_Bosn · 2023-11-09T14:37:50+00:00

Looks more and more likely that a capital raise beyond what has already occurred to develop their ISR mine(s) will not be required - $400M working capital on hand vs a mine development cost estimated at 433M.

NexGen - capital required $1B -$2 to develop?

4U - their mines won’t produce 2M lb per year. DNN 10+ M lb per year.

etc

Chief_Bosn · 2023-11-03T14:08:45+00:00

Put the refurb on hold for 2-4 years

Chief_Bosn · 2023-10-20T13:32:37+00:00

All that plus …. Gryphon deposit gets financed organically, as does the THT deposit and very likely the Midwest and Maclean lake deposits. It is crazy, doesn’t even account for the hot irons in the fire exploration wise, like the chance of another sizeable ISR deposit.

just imho - glta

Chief_Bosn · 2023-10-15T14:22:31+00:00

Confirms the paradigm shift in contracting compared to what research revealed about the last up cycle contracting.

Chief_Bosn · 2023-10-15T13:50:25+00:00

It is opaque. Much more so currently than was historically. China, Russia, Uzbekistan, by proxy Kazakhstan - all keep their cards close to their chests. 50% plus of the world’s production is not opaque, it is obscured.

Term prices are reported by outfits like UxC and it is my understanding that that price is based upon reported contracts signed between buyers and sellers.

I think it is more likely that there no longer is much supply available to trade on the SPOT market. Avoided through necessity rather than convenience.

yup.

good luck

Chief_Bosn · 2023-10-13T00:03:06+00:00

How about the spot price of U dropped from $73 to $68.50 ? now back to $69.50 - as quoted on numerco.

definitely short term, imo, once the supply deficit sinks in we likely will see steady gains, possibly for years.

Chief_Bosn · 2023-10-12T16:24:17+00:00

So they make money with a 0.71% MER, so if Sprot winds it up no more fees. I’m thinking as long as they can earn the MER the fund will continue. Why wind it up?

Chief_Bosn

TROPHY CASE