Deutsche Märkte öffnen in 1 Stunde 45 Minute

Denison Mines Corp. (DNN)

NYSE American - NYSE American Verzögerter Preis. Währung in USD
Zur Watchlist hinzufügen
1,0800-0,0100 (-0,92%)
Börsenschluss: 4:00PM EDT
Melden Sie sich an, um eine Nachricht zu posten.
  • N
    Napalm
    Hi everyone,

    Here is my latest post on Reddit talking about Sprott Physical Uranium Trust (ex-Uranium Participation) in the spot market:

    https://www.reddit.com/r/UraniumSqueeze/comments/ouk1qm/spot_market_with_sput_4th_preliminary_post_3/

    You don’t need to register on Reddit to get access to that post. You can read it via google.

    Cheers

    $CCJ $UUUU $URG $DNN $NXE
  • N
    Napalm
    Dear US retail investor,

    I hear from a couple US retail investors that they only have access to US listed stocks, while they already want to buy a bit of Sprott Physical Uranium Trust shares (units) as an investment before they become more expensive.

    I see different possibilities:
    - you buy OTC listed shares (it seems they will be available for trading within a few days);
    - you open a second account at another broker just to be able to buy a bit of SPUT on TSX;
    - you wait the NYSE listing (That will take a couple of months)
    - you don't open a second account, but you buy URNM etf instead. In normal circumstances URNM should outperform SPUT, because URNM is leveraged with their uranium mining, developer and explorer positions. Once the NYSE listing of SPUT is operational, you can choose to sell your URNM position to buy SPUT instead or you keep your URNM position. By doing that you will most probably be able to buy a bit more SPUT shares at a higher price a couple months from now with the money you invested in URNM now. Just an idea.

    Cheers

    $URG $CCJ $URNM $UUUU $DNN
  • N
    Napalm
    Hi everyone,

    Sprott Physical Uranium Trust has been launched yesterday.

    And they already bought 100,000lb U3O8 on their first day.

    Indeed, Sprott injected +-5 million USD in Sprott Physical Uranium Trust at the launch and they still have a funds from the fund raise in May 2021!

    Sprott intends to put the ATM in place somewhere in August.

    Ticker: U.UN (CAD), U.U (USD)
    ISIN: CA85210A1049

    Cheers

    $UUUU $URG $PALAF $DNN $GLATF
  • N
    Napalm
    Dear Gold and Silver investors,

    Sprott launched a new physical commodity trust 2days ago! And they already bought some of that commodity on their first day.

    Don’t rush into it. First take some time to understand why it’s such an interesting investment for the coming months and couple years, and when you are convinced you can start with a small position in that new physical commodity trust of Sprott.

    https://sprott.com/investment-strategies/physical-commodity-funds/uranium/#

    https://m.youtube.com/watch?v=V07QxjW9ulg

    Cheers

    $PHYS $PSLV $URNM $DNN $CCJ
  • N
    Napalm
    Hi,

    When do I best purchase Sprott Physical Uranium Trust (SPUT) (U.UN or U.U)?

    Here is my answer:

    "It depends a bit on your purpose with that SPUT position.

    1. If you want to buy SPUT (or Yellow Cake) as an investment to take advantage of an increasing Uranium spot price in the future, than there is no reason to wait until the ATM is put in place. The uranium spot price will continu to experience upside pressure before the ATM because SPUT already has cash to use to buy additional uranium before the ATM. And once the ATM is in place (“Somewhere in August”:SPUT managers) the impact on the spotmarket will increase significantly, which will increase the upside pressure in the spotmarket even more in the coming months and couple years.

    Buying SPUT as an investment when its share price represents uranium at +-35$/lb (even if it would be at a share price representing 40$/lb) while the spotprice is around 32$/lb$/lb (share price at a premium) is a good purchase because it’s a mathematical fact (global production costcurve) that the uranium price needs to go to 60+ $/lb to get the global uranium supply and demand back in equilibrium a couple years after reaching that 60+$/lb. And with the ATM this premium will decrease, not by the SPUT share price going lower, but by SPUT buying additional uranium in the spotmarket to get the uranium spotprice at the level of the uranium price represented by the share price of SPUT at that moment.

    2. If you want to use SPUT as a tool, like hedge funds are going to, to buy SPUT to keep it just above their NAV during a long periode of time (12 -18 months) than your impact on that will be bigger when the ATM will be in place (somewhere in August)
    3. A couple months later (“early 2022”) the NYSE listing could be in place. When that’s done the upside pressure on the uranium spotprice will increase even further.

    So it's a personal choice :-)

    I have just a small position in Yellow Cake (0,70% of total uranium exposure) at the moment that I will keep and a small position in SPUT, but I will buy SPUT as a tool starting in September/October 2021 (0,50% of my total uranium exposure in 2021Q3, 0,50% in 2021Q4, 0,50% in 2022Q1, 0,75% in 2022Q2, 0,75% in 2022Q3, ...)

    But a couple family members bought Uranium Participation (now SPUT) and Yellow Cake as an investment in the past and are keeping it in the coming years to benefit from the increasing uranium spot price.

    Note : An alternative for dynamic investors with a smaller uranium exposure, smaller than « 12,000USD » (Step by step. Start as smaller investor and gradually become a bigger investor) but willing to buy a bit of SPUT too, could do that through a position in URNM etf now or in the coming months. This gives you an indirect exposure to SPUT, making it an indirect impact on SPUT, while having a bigger potential than through direct position in SPUT."

    Cheers

    $PALAF $URNM $DNN $UUUU $GLO.TO
  • N
    Napalm
    Hi everyone,

    Kazatomprom just announced they will extend their existing production cut of 20% for an additional year. Previously this production cut was until end 2022. Now it will remain until at least end 2023.

    "JSC National Atomic Company "Kazatomprom" ("Kazatomprom" or "the Company") announces today that it plans to maintain 2023 production at a similar level to 2022, which is expected to be 20% lower than the planned volumes under its Subsoil Use Contracts. The Company will now begin working with joint venture partners to assess the impact and implement the plan across all of Kazakhstan's uranium mines.

    "Consistent with our market-centric strategy, we intend to continue exercising commercial discipline, which will result in 2023 production remaining 20% lower than previously planned Subsoil Use Contracts levels, keeping production essentially flat in 2022 and 2023," said Galymzhan Pirmatov, Chief Executive Officer of Kazatomprom.

    "Although the uranium market is starting to show signs of improvement, including an increase in long-term contracting interest, a thinning spot market, and slightly improved pricing, we still find ourselves in a position where adding tonnes back into the market in 2023 would be unlikely to maximize returns for our shareholders."

    https://otp.tools.investis.com/clients/uk/kazatomprom/rns/regulatory-story.aspx?cid=2438&newsid=1488883

    Cheers

    $DNN $UEC $UEX.TO $EL8.AX
  • N
    Napalm
    Fyi. During all that noise, the frontrunning continues...

    Uranium Spotprice increased at the end of the day on Friday and today it just increased again to 3240/3275 USc/Lb U3O8

    It’s the same as what happened with the IPO of Uranium Participation in 2005.

    This anticipation by the market during the transaction is happening again with the announced takeover of Uranium Participation by Sprott!

    Cheers

    $DNN $UUUU $URG $PALAF $UEC
  • N
    Napalm
    Spot market with SPUT: Recap: Frontrunning the launch of the Sprott Physical Uranium Trust (SPUT)

    Uranium Participation:

    TORONTO, May 26, 2021 /CNW/ - Uranium Participation Corporation ("UPC" or the "Company") (TSX: U) is pleased to announce the closing of its bought deal equity offering of 15,481,300 common shares of the Company (the "Shares") at a price of $5.20 per Share, which included the full exercise of the over-allotment option granted to the Underwriters (as defined below), for total gross proceeds of $80,502,760 (the "Offering"). --> 80,502,760 USD

    Yellow Cake

    June 16, 2021, Yellow Cake plc (AIM: YCA) ("Yellow Cake" or the "Company"), founded and established by Bacchus Capital to be a specialist company operating in the uranium sector with a view to holding physical uranium for the long-term, today announces its intention to conduct a non-pre-emptive placing of up to 25 million new ordinary shares in the Company at the Placing Price. The Placing Shares will be placed at a fixed price of £2.50 per Placing Share. --> 62,500,000 GBP = 88,289,000 USD

    And Probably some additional capital raise accessible for retail investors potentially adding +-4,000,000 EUR = +-4,900,000 USD.

    The uranium purchased with those funds will partially come from Kazatomprom at 32.23 $/lb U3O8 and the rest directly through spot purchases. Remember that the main part of the uranium bought by Yellow Cake through Kazatomprom earlier this year would eventually come from the other uranium spot suppliers because Kazatomprom had to buy uranium in the spotmarket to fullfil this sell to Yellow Cake.

    I wouldn’t be surprised if this time again Kazatomprom would buy some uranium in the spot market to fullfil this new sell to Yellow Cake.

    Uranium Royalty corp

    May 20, 2021 – Uranium Royalty Corp. (TSX-V: URC, NASDAQ: UROY) ("URC" or the "Company") completes the C$37 million financing package comprised of a C$25 million bought deal offering and previously announced C$12 million margin loan facility.
    The Company intends to use the net proceeds of the Offering to fund future purchases of royalties, stream and similar interests and purchases of physical uranium, and for working capital.

    A think that URC will use a part of that money to buy additional physical uranium through Yellow Cake before the launch of SPUT. Uranium that Yellow Cake will buy in the spotmarket for URC.

    My own conclusion:

    80,502,760 USD (Uranium Participation) + at least 24,000,000 USD of the 88,289,000 USD (Yellow Cake) and probably a couple millions of URC impacting the spotmarket directly = +-110,000,000 USD that will impact the spotmarket directly BEFORE THE LAUNCH OF SPUT!!

    That’s +-3,450,000 lb purchased directly in the spotmarket BEFORE THE LAUNCH OF SPUT, meaning before September 2021 (takeover of Uranium Participation completed somewhere in July, NYSE listing and ATM in place by “the end of September 2021” (imo))!!
    That’s a lot of spot buying in a short time periode.

    Add to that the uranium that:
    - Cameco needs to buy in the spotmarket to fullfil their deliveries to customers (A couple millions lb in 2021)
    - Kazatomprom could buy in the spotmarket to keep their operational inventory at an acceptable level after their sell to Yellow Cake.
    - Carry traders still have to buy to fullfil their short term deliveries to utilities.

    I suggest to those investors not fully positioned yet, to buy the uranium companies you like, to hold on to it (,to not use stoploss orders) and to be patient.

    Cheers

    $CCJ $UUUU $PALAF $GLATF $DNN
  • J
    Johnny
    $DNN conversation
    #dnn Buy it now or regret it forever. Not financial advice just basic TA and common sense will lead anyone to this conclusion.
  • N
    Napalm
    $UUUU $URG $DNN $NXE $UEC

    Hi everyone,

    Here is my post “Spot market with SPUT: 2nd preliminary post: The continued growth of the uranium ETFs and their impact on SPUT and Yellow Cake”

    https://www.reddit.com/r/UraniumSqueeze/comments/nmkp0w/spot_market_with_sput_2nd_preliminary_post_the/

    You don’t need to register on Reddit to get access to that post, just look at it via google.

    Cheers
  • N
    Napalm
    $UUUU $URG $DNN $NXE $UEC

    Hi everyone,

    Here is my post “Spot market with SPUT: 3rd preliminary post: frontrunning the start of SPUT and why will SPUT operate in a much better environment than the environment in which Sprott Physical Silver Trust operates today?”

    https://www.reddit.com/r/UraniumSqueeze/comments/nt266b/spot_market_with_sput_3rd_preliminary_post/

    You don’t need to register on Reddit to get access to that post, just look at it via google.

    Cheers
    53 votes and 17 comments so far on Reddit
    53 votes and 17 comments so far on Reddit
    www.reddit.com
  • N
    Napalm
    $CCJ $DNN $UUUU $URG $GLATF

    Bye bye weak hands.

    Correction on sensational news from CNN :-)

    There is indeed a problem at that Chinese reactor that can be solved. But Framatom needs a waiver from the USA before starting to solve the problem because 70% of that reactor is owned by CGN

    To those that were waiting for a dip to add to their uranium positions. There it is.

    Cheers
  • N
    Napalm
    Hi everyone,

    Here is my post “Spot market with SPUT: 1st preliminary post: 3 western utilities meet during a high level meeting”

    https://www.reddit.com/r/UraniumSqueeze/comments/nk5ry3/spot_market_with_sput_1st_preliminary_post_3/

    First take a good look at the drawing and then you read the rest.

    You don’t need to register on Reddit to get access to that post, just look at it via google.

    Cheers

    $UUUU $URG $DNN $NXE $GLATF
  • S
    Steven
    US investigating a leak at a Chinese nuclear plant… watch out for some pain everyone.
    $UUUU $DNN $URG $NXE
  • N
    Napalm
    Fyi, Yellow Cake is going to ask the approval of their shareholders to increase tgeir capital with an additional 25M shares to buy more U3O8 ahead of the implementation of Sprott Physical Uranium Trust!

    It’s 2005 all over again!

    Cheers

    $NXE $UUUU $UEC $URG $DNN
  • N
    Napalm
    May 17, 2021: “The last 12 months has been the strongest period for new sales since2015, with prices rising again and utilities coming back into themarket to make multi-year orders,” said Centrus President and CEODaniel B. Poneman."

    ==> Demand for EUP raising fast :-) ==> Are the enrichers going to speed up their enrichment in the future to deliver sufficient EUP on time? ==> How? By increasing the incoming UF6 to be able to reduce the needed SWU per EUP produced ==> underfeeding becomes overfeeding!

    More UF6 means that more UF6 needs to be produced by the convertor (Converdyn plans to restart in 2023, does this ring any bells? :-) ).

    To produce more UF6 you need more U3O8.

    It's going to be fun in the coming years

    Are you positioned yet?

    Cheers

    $CCJ $URG $DNN $PALAF $URNM
  • N
    Napalm
    Hi everyone,

    If you are looking for latest information about several uranium developers and explorers, I suggest to look for the Red Cloud Uranium conference May 14, 2021.

    20 min presentations.

    Very interesting for those looking for an update at company level

    Cheers

    $UUUU $URG $DNN $NXE $UEC
  • N
    Napalm
    Fyi. Cameco just announced the fourth positive covid19 test in 2 days time at Cigar Lake.

    $DNN $PALAF $NXE $UEC $URG

    Cheers