/biz/ - Business & Finance

>>24715698
UUUU. It is why we've been screaming it for the past few days
https://seekingalpha.com/article/4338490-interview-brian-laks-on-uranium-sector-we-expect-well-constructed-basket-of-uranium-equities
>We think Energy Fuels (NYSEMKT:UUUU) will become one of the prime contractors to the government in this arrangement. Because of the large capacity of their mill, additional mining assets will be needed to fill it to optimal capacity. Once a contract is signed, they can turn around and begin forming JVs or signing toll milling agreements with other sources of supply.

>>24705308
copypasta
US Senate Committee just passed a bipartisan bill to create a strategic uranium reserve - whole idea is to make it so that if trade was cut off / global war or shit hits the fan the US would have it's own independent supply of uranium and not have any supply disruptions - this means that US uranium companies will likely get favorable contracts / subsidies / in general be boosted
Japan had a massive stockpile of uranium after the earthquake took their reactors offline. They've been selling this stockpile, and since they aren't a producer they haven't been as stringent about getting the best price possible (driving the price down) This created a feedback loop where low uranium prices discouraged investment in uranium exploration / mining - 'why should I start a uranium mine if the price is so low?'
However, now the Japan stockpile is dwindling, and the world is realizing that we are not producing enough to meet the demand (shortage)
All central banks around the world are printing to try to save their economies from SARS fallout - this drives commodity prices higher (including uranium)
There are new reactors being planned throughout the world; countries trying to meet their carbon neutral by 2050/2060 goals need to invest in uranium energy
UUUU has a cap of $341M, and although it's not anywhere near as large as Cameco (for example) it's US based, meaning it'll take better advantage of the strategic uranium stockpile
It has the most room to boom on a uranium rally

https://seekingalpha.com/article/4338490-interview-brian-laks-on-uranium-sector-we-expect-well-constructed-basket-of-uranium-equities
We think Energy Fuels (NYSEMKT:UUUU) will become one of the prime contractors to the government in this arrangement. Because of the large capacity of their mill, additional mining assets will be needed to fill it to optimal capacity.

>>24703447
https://seekingalpha.com/article/4338490-interview-brian-laks-on-uranium-sector-we-expect-well-constructed-basket-of-uranium-equities
>We think Energy Fuels (NYSEMKT:UUUU) will become one of the prime contractors to the government in this arrangement. Because of the large capacity of their mill, additional mining assets will be needed to fill it to optimal capacity. Once a contract is signed, they can turn around and begin forming JVs or signing toll milling agreements with other sources of supply.

>>24686859
Long hold