Uranium resurgence

[frugal.rock]

Something's afoot in the uranium market. The uranium ETF - URA had a big up day yesterday. This induced buying in the ASX uranium stocks. I notice that the pre-market price for URA is up another 3% before the open.

And it closed 11.3% up.

 

[Sean K]

Interesting slide in the SLX Annual Report Preso today regarding projected uranium prices. Things are still looking up for uranium and future producers under the current scheme of things.

 

[frugal.rock]

Today
75% greeen, 25% flat, 0% red.
Greens averaging near on 10% up.
(Not all shown on screenshot)

 

[rcw1]

Today
75% greeen, 25% flat, 0% red.
Greens averaging near on 10% up.
(Not all shown on screenshot)

View attachment 145946

Good evening
ERA 8.16% gain at close 25/08/22.
rcw1 not holding.

Kind regards
rcw1

 

[Sean K]

Today
75% greeen, 25% flat, 0% red.
Greens averaging near on 10% up.
(Not all shown on screenshot)

View attachment 145946

Due to Japanese PM not just saying they are bringing all their current reactors back on line but going to build more.

Fingers crossed there's not an accident, or otherwise, with a nuclear plant in Ukraine in the meantime.

 

[qldfrog]

Due to Japanese PM not just saying they are bringing all their current reactors back on line but going to build more.

Fingers crossed there's not an accident, or otherwise, with a nuclear plant in Ukraine in the meantime.

True, forgot about that, and US & Kiev clown would not only blame it on Putin, but it would nailed the coffin on EU forever.
I will get out of my uranium exposure tonight.

 

[Sean K]

Is this why uranium companies popped?

 

[qldfrog]

True, forgot about that, and US & Kiev clown would not only blame it on Putin, but it would nailed the coffin on EU forever.
I will get out of my uranium exposure tonight.

I tightened SL and went out of my US uranium on the night.. probably not a wise move

 

[sptrawler]

Is this why uranium companies popped?

View attachment 146122
View attachment 146123

When they get SMR's past all the safety regulators, the sky is the limit, well not literally.
It is a bit like the E.V's 10 years ago, batteries were rubbish, range was rubbish, now everyone wants one.
Once the reactors are deployed, are proven to be impervious to earthquakes, it will only be a matter of time before they become the answer to the clean energy problem IMO.

 

[JohnDe]

France to restart all nuclear reactors by winter amid energy crunch​

France’s minister for energy transition said on September 2 that French electricity giant EDF has committed to restart all its nuclear reactors by this winter to help the country through the broad energy crisis aggravated by the war in Ukraine.

 

[Garpal Gumnut]

I would be all in favour of more nuclear reactors in Australia if they built them in places like Bowral or the Mornington Peninsula.

I am a great believer in Nuclear Power as clean energy.

gg

 

[Tyre Kicker]

Only a matter of time if the Aus gov is truly serious about reducing emissions.

 

[noirua]

I would be all in favour of more nuclear reactors in Australia if they built them in places like Bowral or the Mornington Peninsula.

I am a great believer in Nuclear Power as clean energy.

gg

Whilst selling as much coal as possible to China and others - that makes sense!? It is Chinese companies that own a lot of coal in the ground in Australia so that will be their fault - and tax can be used for nuclear reactors if companies like Yancoal start paying much: Nothing from 2014 to 2020. So everything will be hunky dory except it takes about 10 years to get a nuclear plant fully onstream.

 

[Garpal Gumnut]

Whilst selling as much coal as possible to China and others - that makes sense!? It is Chinese companies that own a lot of coal in the ground in Australia so that will be their fault - and tax can be used for nuclear reactors if companies like Yancoal start paying much: Nothing from 2014 to 2020. So everything will be hunky dory except it takes about 10 years to get a nuclear plant fully onstream.

I would be all in favour of more nuclear reactors in Australia if they built them in places like Bowral or the Mornington Peninsula.

I am a great believer in Nuclear Power as clean energy.

gg

Well we need to start sometime.

The elite suburbs and localities who push for greener, cleaner alternatives such as Rose Bay and The Dandenong Ranges need to lead with action by seeking nuclear reactors in their suburbs.

This will lead to a wider acceptance of nuclear provided power by the rest of us non-upper-middle bogan class elsewhere in Australia.

If every elite suburb in the metropolitan areas pitched in we may not even need to build them in the regions.

gg

 

[Sean K]

I would be all in favour of more nuclear reactors in Australia if they built them in places like Bowral or the Mornington Peninsula.

I am a great believer in Nuclear Power as clean energy.

gg

On the edge of Lake Ross would be a good spot too. Would power everything north of Rockvegas.

 

[frugal.rock]

I hear the next reactor will be built out the back of the Ross Island Hotel. ??

Up Flag



Closer in. Getting nearer the pointy end.

 

[noirua]

Rick Rule Makes the Case for Uranium Premiered Oct 24, 2022 Https://youtu.be/PMWMFugffl4 2 months ago - Https://youtu.be/kymCXishsmY​

 

[Sean K]

Feeling hopeful. ?

Need something to take the sting out of the Namibian issue.

Although, that should be good for ASX U players in other jurisdictions.

 

[frugal.rock]

Uranium stocks had a good day.
Even the ETF URNM up 4.2%

 

[frugal.rock]

Uranium stocks had a good day.
Even the ETF URNM up 4.2%

Deja vu