If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
Would highly recommend this Crux Investor podcast with Bannerman's Brandon Munro. Really interesting insight into the recent Kazatomprom production issue news.
link: https://m.youtube.com/watch?v=BLcqLe55twc&pp=ygUQVXJhbml1bSAtcG9rZW1vbg%3D%3D
Final numbers are in for SPUT's Friday trading action: $56m cash raised, 100k lbs purchased, now with $63m cash on hand.
link: https://twitter.com/quakes99/status/1745961404270862702
101.5/103 @Numerco
Potential C$40m raise from SPUT so far today.
link: https://twitter.com/quakes99/status/1745847023331672448
New article in the FT today: "Uranium prices could power on after largest producer warns on supply, say investors"
link: https://www.ft.com/content/67bb40e1-59e7-4b35-9b9a-8e7c68a1f469?sharetype=blocked
100/103 @Uranium Markets
link: https://twitter.com/quakes99/status/1745831371984228656
Interesting new article out today from Goehring & Rozencwajg titled: "Uranium: New Market Star", where they make a bold prediction at the end of the article:
"AS U.S. UTILITY BUYERS REALIZE THAT DECADES OF AMPLE SECONDARY SUPPLY ARE GONE, THEY WILL PANIC, SCRAMBLE TO SECURE VOLUMES, AND DRIVE PRICES MUCH HIGHER.
We leave you with a prediction. As U.S. utility buyers realize that decades of ample secondary supply are gone, they will panic, scramble to secure volumes, and drive prices much higher. Eventually, they may be induced to approach the various financial vehicles, including the Sprott Physical Uranium Trust, to seek the uranium they need. Ultimately, they might be forced to pay large premiums to spot prices to secure long-term supply. We believe this will likely mark the top of the uranium bull market. This could be many years away; until then, we believe the uranium price rally will persist."
link: https://blog.gorozen.com/blog/uranium-market-star?utm_campaign=2023%203Q%20Commentary&utm_content=278302468&utm_medium=social&utm_source=twitter&hss_channel=tw-940698796903878657
YCA 700p broken today. Next stop 1000p.
BNN Bloomberg: "World’s Biggest Uranium Miner Warns of Production Shortfall"
link: https://www.bnnbloomberg.ca/world-s-biggest-uranium-miner-warns-of-production-shortfall-1.2021190.amp.html
Kazatomprom expects adjustments to its 2024 Production Plans
National Atomic Company "Kazatomprom" JSC ("Kazatomprom", "KAP" or "the Company") expects its 2024 production to be adjusted due to the challenges related to the availability of sulphuric acid, a critical operating material, as well as delays in completing construction works at the newly developed deposits, however remains committed to its 2024 delivery obligations.
RNS link: https://www.londonstockexchange.com/news-article/KAP/kap-expects-adjustments-to-its-2024-production/16286256
94/9475 @Numerco
93.75/95 @Uranium Markets
93.5/94.75 @Numerco
93/95 @Uranium Markets
93/94.5 @Evolution Markets
92.25/93.5 @Numerco
92/93 @Numerco
91/93 @ Numerco
8900/9100 @Numerco
8700/9000 @Numerco
Please don't remind me! Came so close to my prediction, but looks like we are going to just miss it.