Geiger Counter Share Discussion Threads

[quepassa] 27/10/2022 15:49

It has been interesting to observe the share price performance of Cameco since it agreed to acquire 49% of Westinghouse Electric earlier this month.

Prior to the announcement on 11th. October, Cameco was trading around US$26. - It then slumped to $21.

Cameco has now swiftly made back almost all of the lost ground at $25.

Looks like the market is warming to the acquisition. It must surely give Cameco great leverage in the supply side for U3o8.

Surprised that the deal has not received more coverage in the UK media given the Mark Carney connection, as ex-Governor of The Bank of England and who is now Vice Chair of Brookfield, the 51% Strategic Partner of Cameco in this deal.

[donald pond] 27/10/2022 09:49

I bought quite a lot today, to add to the smaller amount I'd bought in the 30s. Should have done it the other way round!

[7kiwi] 27/10/2022 09:20

New investor pres out:



Updated holdings

Name...........(% of Gross Assets)

Nexgen Energy....18.5%
UR-Energy........10.6%
Paladin Energy....8.6%
Cameco............7.0%
Uranium Energy....6.6%

Top 5 Holdings Represent 51.4%

[7kiwi] 26/10/2022 14:53

Blimey, blasted to a small premium to NAV. First time in ages.

[7kiwi] 25/10/2022 11:12

YCA have a new investor pres out.

[steve73] 25/10/2022 05:35

Update From Sprott's Uranium Trader - Per Jander



This video is dated 23rd Oct, but the interview was first released during their Uranium Conference 5.0 on Sept 27 '22, so it may have already been linked here..

[7kiwi] 20/10/2022 00:16

Miners weak today with broader market. SPUT up to nearly $35m cash, but no new cash raised today and no lbs bought. But spot creeping up to $51.50 mid.

[7kiwi] 18/10/2022 10:05

SPUT now holding $29m of cash after raising $3.5m last night. Plus, it closed at a premium to NAV. Any further ATM activation likely to go towards stacking more U3O8.

[7kiwi] 17/10/2022 21:58

Strong finish for the miners and SPUT. Should be good for the NAV tomorrow, but the increase will be somewhat tempered by the stronger pound.

[7kiwi] 17/10/2022 19:06

Looks like fairly low volume being traded, but SPUT is back in the ATM zone, so we might expect a modest cash raise later tonight.

[7kiwi] 17/10/2022 18:17

Good news for Uranium and European citizens facing a cold winter. Germany to extend the lifetime of all three nuclear power plants scheduled to close at the end of this year.

[7kiwi] 14/10/2022 14:53

Blimey, we're in real danger of trading at par to NAV for the first time in a good long while.

[7kiwi] 14/10/2022 01:00

Most of the miners (except Cameco) up today in what look like fiarly strong up moves (NXE and FCU in particular).

SPUT's ATM is also back on. They raised $9.7m today and bought 100K lbs, leaving $22.7m in cash. Started buying earlier than I thought they would. Spot up a dollar or so according to Numerco too.

[bmcb5] 12/10/2022 18:54

I wonder if GCL were in on the funding?

[7kiwi] 12/10/2022 14:56

Looks like Cameco's share price has fallen from a 6th storey balcony in response to the $650m bought deal at a significant discount to yesterday's close.

[7kiwi] 12/10/2022 14:28

Ocean Wall's latest thoughts on the Uranium market.

[7kiwi] 11/10/2022 23:25

P.S. They did let slip that they have contracted 50m lbs YTD, 5m lbs up on last quarter. So steady, not spectacular progress on contracting.

[7kiwi] 11/10/2022 23:24

Cameco partnering with Brookfield (run by Mark Carney) to buy Westinghouse. Cameco issuing $650m of shares at a fairly steep discount to today's closing price to fund their 49% share of the deal.

Sounds quite exciting, but I must say I am not a huge fan of massive, vertically integrated conglomerates. We will have to see how the market reacts after the initial dip down to the offer price.

[7kiwi] 05/10/2022 21:24

SPUT up, albeit on quite low volume. But it was already at a premium, so the ATM should have been active today.

Miners flat, but it looks like the fly wheel might be firing up again.

[steve73] 30/9/2022 10:17

This should help the "western" U producers..

[7kiwi] 29/9/2022 12:03

Another small share buyback.

makes you wonder whether the bonus subscription right was a good idea.

[quepassa] 29/9/2022 08:39

Yes. Big moves up again yesterday for uranium stocks on the TSX and NYSE.

Should be good for another significant increase of 2p or more for today's NAV.


ALL IMO. DYOR.
QP

[7kiwi] 28/9/2022 22:30

Yes, followed by another strong up day in the North American miners.

[quepassa] 28/9/2022 14:37

A significant 4.7% daily increase in NAV just announced to 50.46p versus a static share price of 45p mid.

[steve73] 28/9/2022 11:17

thanks kiwi...