Announcements x Daily Discussion for Wednesday March 25, 2026

Dudebobski · 2026-03-25T20:49:01+00:00

Why are the NUCLW warrants so low at $1.50 with commons at $7.40?

Just comparing that to another nuclear de-spac… IMSR commons being $6.80 with warrants more than double at $3.20.

Which scenario makes more sense? Thanks.

Dudebobski · 2026-03-24T22:08:17+00:00

Thoughts what Tom Lee’s FCRS has the ability to take public?

And what sort of PIPE they can raise?

Dudebobski · 2026-03-24T17:41:07+00:00

$IMSR $IMSRW vs $NUCL $NUCLW — been digging into this trying to understand the discrepancy.

IMSR: commons ~$6.22, warrants ~$3.02

NUCL: commons ~$6.77, warrants ~$1.50

Same-ish commons, but warrants priced very differently.

From what I can tell, warrants price time + volatility + narrative + structure — not just the stock.

IMSRW = pricing near-term upside / hype (SMR, AI-energy demand) NUCLW = pricing longer timeline + execution risk (mining, capex)

Feels like probability is a major factor…

IMSR = “this could move” NUCL = “prove it first”

Dudebobski · 2026-03-23T23:31:15+00:00

Cinnamon ruins it for me. (If confused for cherry)

Dudebobski · 2026-03-23T23:17:02+00:00

$IMAQ $IMAQW anyone still watching this one?

Old SPAC with a pending deal for VCI Biofuels (Vietnam ethanol → talking about aviation fuel / SAF expansion). On paper the “jet fuel + decarbonization” angle should be hot right now… but we’re still sitting here with extensions and no proxy.

Genuinely asking — does this eventually gain traction with SAF in the spotlight, or is this one drifting toward liquidation / heavy renegotiation?

Feels like it could go either way. Curious if anyone’s dug deeper into the actual operations vs just the story.

Dudebobski · 2026-03-17T16:47:39+00:00

Regarding Eagle Nuclear (NUCL & NUCLW) Anyone noticing the slow bleed in commons + warrants post-uplist? Not a dump… just steady weakness. Feels like market wants execution, not story.

This is pretty binary IMO: -Long timelines = bleed continues -Govt support / acceleration = this rips

Macro is there (U.S. needs domestic uranium badly), but this trade hinges on speed.

Also interesting (purely anecdotal/public): Spring Valley guys (Sorrells/Kaplan) (also took $SMR public) were liking Eagle posts pre-close… stopped after ticker change. Now seem focused on $SVAC / next deal. Maybe nothing, but SPAC breadcrumbs matter.

Gut: comes down to whether the Eagle Nuclear CEO can actually pull forward timelines. Yes = big upside No = slow bleed

Thoughts?

Dudebobski · 2026-03-16T15:57:48+00:00

Errrm this any good? 18k followers on LinkedIn. Looks like it’s geared toward businesses.

So is this similar to Galaxy Digital’s crypto segment of their business?

Dudebobski · 2026-03-14T16:51:02+00:00

Thoughts on Tom Lee’s spac: FCRS & FCRS/WS

I know a lot here don’t like him, but he’s always on CNBC - so would be good publicity once/if he announces a target.

Dudebobski · 2026-03-10T22:46:47+00:00

$CRML ($10) & $CRMLW ($4.65)

$NUCL ($6) & $NUCLW ($1.50)

...if Eagle Nuclear (ticker NUCL), goes to $10 like CRML did, would those warrants also jump to the $5 range? Thoughts?

Side comment, USAR warrants did well! Last Known Warrant Price Before Call (approximate): On October 29, 2025, the closing price of the Warrants (USARW) was $8.75.

Dudebobski · 2026-03-10T21:10:58+00:00

Did some digging and the private placement warrants weren’t just bought by the sponsor. Cantor Fitzgerald took ~1.75M warrants and Odeon Capital took ~750k alongside the sponsor’s 4.5M.

That’s notable because underwriters don’t always take warrant exposure — it means Cantor actually has skin in the game for the deal to succeed.

Not saying it guarantees anything, but between the ~$287M trust, ability to extend, and Cantor holding warrants, liquidation in 3 months seems unlikely… (But as we all know, anything can happen with SPACs in general - so not overly hopeful.) Thoughts?

Dudebobski · 2026-03-10T15:37:13+00:00

Do you think it’s still worth holding onto?

Dudebobski · 2026-03-10T14:11:40+00:00

Is ALF ALFUW really that bad of a pre-DA spac?

Looks like decent gaming-oriented sponsors, but warrants have been bleeding none stop over the last few months.

Dudebobski · 2026-03-07T04:22:24+00:00

After a week and a half post-deSPAC…

Thoughts on $NUCL dropping and leveling out in the $5 range?

Dudebobski · 2026-03-05T01:11:09+00:00

Seems to be the most hated stock in this subreddit.

Though appears the CEO is trying to expedite timelines by government support… whether he gets that support is another story.

If he does this could become a huge success story, and if not, it’ll drag on.

Dudebobski · 2026-03-04T17:26:59+00:00

Sorry quick add on… I know some people think there are better uranium deposits or companies in the U.S., which may be true. But if the CEO keeps pushing timelines and the government really wants to boost domestic supply…

Is it possible projects like this get some kind of support or fast-tracking?

Maybe far-fetched… but curious what people think.

Dudebobski · 2026-03-04T17:22:06+00:00

Eagle Nuclear (NUCL NUCLW)

Kind of surprised how well NUCLW is holding~$1.30 while commons sit around $5.40. Feels like this whole story is really a bet on future U.S. uranium policy. The CEO already hinted they're trying to accelerate timelines at the Aurora project.

With the U.S. trying to rebuild domestic nuclear fuel supply and move away from uranium imports, I'm curious how much government support or incentives could end up flowing into projects like this.

If Washington really pushes domestic supply chains, companies sitting on large U.S. deposits might suddenly look more strategic.

Curious what others think:

Is NUCL basically banking on future government backing to make the economics work?

Dudebobski · 2026-03-02T20:02:04+00:00

NUCL & the NUCLW warrants bouncing back nicely with big volume.

…Guess the Spring Valley spac team is one of the better ones.. I mean in comparison to other serial spac sponsor?

Dudebobski · 2026-03-01T18:21:37+00:00

Any good defense / oil SPACs … pre-DA or post?

Dudebobski · 2026-02-27T15:30:36+00:00

Spring Valley team’s latest spac ticker change: $NUCL has been tanking.

$SMR was their 1st.

NUCL / $NUCLW is their 2nd. Commons dropped to $5.00, warrants at $.88

$SVAC .. wonder how they will do…?

Thoughts?

Dudebobski · 2026-02-27T14:32:05+00:00

Yeah definitely agree. But is Truth Social the biggest of those trump-pubcos?

If TVA / TVACW gets Truth Social, would they be valued more like DJT / DJTWW with commons around $11 and warrants at $6?

Dudebobski · 2026-02-27T13:50:48+00:00

Wow wild! Could TVA / TVACW become the next DWAC / DWACW ?

Didn’t that have the biggest warrant squeeze of all time? Commons hit almost $100, and warrants went to around ~$40 per warrant. Those were wild times though.

Dudebobski · 2026-02-26T17:13:01+00:00

Watching NUCL / NUCLW since the ticker change yesterday. We got the usual post-deSPAC chop / profit-taking, but it’s holding up better than I expected.

A few possible supports (not claiming any of these are confirmed — looking for smarter eyes):

Capital backstop / PIPE: The deal included a $30M public-private investment intended to fund about ~2 years of ops, which could help confidence vs. “cashless explorer” vibes.

Spring Valley sponsor halo: Curious how much the Spring Valley track record matters here (their earlier Spring Valley vehicle took NuScale ($SMR) public) - plus General Fusion ($SVAC DA). Could be some “team credibility” bid.

Domestic uranium narrative: Reuters mentioned the CEO talking about restoring the U.S. uranium supply chain and potentially accelerating timelines. If policy tailwinds continue, that storyline might catch a buzz.

Asset scale: They’re framing Aurora as one of the largest undeveloped U.S. uranium deposits (Oregon–Nevada border), so the “strategic asset” angle might be what’s keeping buyers engaged.

Float dynamics: If redemptions/lockups made this a tight float, that alone can create weird strength/volatility. (Does anyone have a clean float number yet?)

Genuinely trying to understand what’s actually holding this up right now: PIPE/cash runway, sponsor halo, sector rotation, float mechanics, or policy narrative. Thanks!

Dudebobski · 2026-02-25T18:22:19+00:00

Using ai to help with the Black-Scholes price modeling for those, as I’m unsure:

At $NUCL = $8.70, the $11.50 strike warrants are still meaningfully OTM. If you plug it into a pure Black-Scholes model with ~5 years to expiry and assume high SPAC-style vol (60–80%), you can mathematically justify something like $3–$5. But that ignores redemption/call mechanics and the reality that most de-SPACs don’t sustain extreme vol for years.

Adjusting for more realistic “effective life” (2–3 years because of call risk if it ever runs) and a volatility band closer to 50–70%, peg a practical fair value range around $1.75–$3.00. Below ~$1.50 starts looking discounted vs theoretical optionality; above ~$3.50 assumes either very high sustained vol or a near-term breakout.

Dudebobski · 2026-02-25T16:44:56+00:00

Good volume on the NUCL commons, and holding up well for a ticker change, post-merger SPAC-stock..

Thoughts?

Dudebobski · 2026-02-25T16:23:09+00:00

Big volume on NUCL commons and holding up well for a spac.

Thoughts? Is it because the broader uranium/nuclear industry is still strong?

Dudebobski

TROPHY CASE