Member Info for andmillsy

Thank you for the refinement I would have done a bit of polishing but currently away on holiday and daringly without a laptop!

I haven't kept this in his shape but it's got the raw data you need.

Please share any insights...

https://docs.google.com/spreadsheets/u/0/d/1b1VrUXbGYG6fjd0Kqh_bMh_4MTGgbQd0R9oXMx1_hzM/htmlview#gid=0

91.75 93.00 Numerco - buyer chasing

Https://www.londonstockexchange.com/news-article/KAP/kap-s-1q24-operations-and-trading-update/16451187

2024 prodution guidance unchanged

As previously reported, western and northern regions of Kazakhstan faced severe floods. Even though the situation has stabilized in most affected regions, the consequences of the natural disaster are significant. The Company reiterates that the flood situation has not affected its uranium mining, processing and transportation activities to date. All Kazatomprom enterprises continue to operate without any disruptions.

Sulphuric acid production (a previous source of U production delays) - pushed back

Considering the restructuring procedures, as well as delays in the timing of approval of project design documentation, the Company expects the completion of the construction and the start of production at the TQZ LLP to be postponed from 2026 to 2027.

Bizarre now 8850/8950 and SPUT up 2.8% must be getting to close to premium

Spot Uranium: 9000/9075 Numerco

but its keeping ahead of SPUT share price increase and so making it a challenge to get NAV positive and enable ATM

Further step up on numerco 8800/9000

ATM ...

SPUT arm active it appears

Snooz it would be helfpul to see the NAV based on the long term price indicators - perhaps another what if scenario ?

Useful insight from Quakes

While a February #Uranium 'month-end smash'💥🔨 pulled Spot #U3O8 down🪂 TradeTech reports that 6.5M lbs were traded in February🛒 at a weighted average of $97.10/lb⬆️ which was +$8.40 higher than the 6.8M lbs traded in January at an average of $88.70/lb.Trend is Up!

Thanks for the update to the NAV tracker to provide the "what if" scenario modelling the impact IF KAP were to fail to deliver in H1 2024.

It is reassuring to see the relatively low impact to NAV of 2.5% based on todays variables - spot, fx etc.

I suspect if KAP were not to deliver its obligation then the bullish impact on spot U price would more than offset the arithmetic impact on NAV of not delivering.

Worth a read together with Quakes commentary in the thread

https://twitter.com/duediligenceguy/status/1756076856162365498?t=96KFu0mK06imVuqWPMMZvw&s=19

Incredible velocity

SPUT up 5% at open

Thank you very helpful. I'd include

https://www.youtube.com/watch?v=7Fw4jAfqtgc

Interview with Joe Kelly from Uranium Markets

1 Mar 2022 I twisted your arm to include the NAV at $75/lb !

Snooz - same (prior) target here.

Not trading this at all at the moment as volatility too difficult for me to try and second guess so sitting tight.

Love seeing the price action with buyer chasing sellers

Numerco - indicative now up at 106 outside the bid / ask range

Jan-24 IND 102.00 106.00 0.00 105.00 IND