Geiger Counter Share Discussion Threads

[quepassa] 19/9/2023 08:33

Next year's Geiger subscription rights are now SIGNIFICANTLY in the money to the tune of some 16p of intrinsic value per right.

[7kiwi] 19/9/2023 00:09

SPUT raised $6.6m, bought no new lbs and has just shy of $50m in cash.

[7kiwi] 18/9/2023 23:41

Yes db.

Spot up. SPUT ATM on again today and GCL portfolio up again and GBP weaker, so NAV should be up again tomorrow, further widening the discount. At some point soon the share price should explode over 60.

[dogberry202000] 18/9/2023 22:48

$70 Dollars Spot by the end of the week? Seems more than possible!

[dogberry202000] 18/9/2023 22:47

John Quakes
@quakes99
·
52m
Yee-Haw!🤠
28002;The Spot #Uranium U-train left the station today🚉after stopping to take on passengers😊 climbing +$1.25 to new 12-year high of $67.00/lb #U3O8🎆 for #Nuclear fuel brokers 'Uranium Markets' &
@EvoMarkets
with sellers now asking $68🧀🐭;
@Numerco
Up +75c to $66.21⬆ᥧ9;🌊🏄

[7kiwi] 16/9/2023 00:42

Spot off a little to $65.75/lb mid-price. Most of the big holdings up a little.

It's going to be an interesting time next week.

[7kiwi] 15/9/2023 17:35

NAV now within a gnat's whisker of 63p. share price stable at 52p, giving a 174% discount to undiluted NAV & 11.4% discount to diluted NAV. And it looks like we will see a bit of appreciation in the North American miners tonight to complement the Ozzie stocks this morning, so higher NAV to be expected on Monday.

[bmcb5] 15/9/2023 16:35

Np, nice board, which I hadn’t spotted

[dogberry202000] 15/9/2023 16:30

I hope you don't mind, bmcb5, but I borrowed your recent uranium linked charts for the URNP board. Too good to pass up.

[bmcb5] 15/9/2023 16:23

I couldn’t resist either. Another 10k at 52.x

[dogberry202000] 15/9/2023 15:39

I bought a few more! It just had to be done.
|

[7kiwi] 15/9/2023 11:54

Yes, swan. Although I think they were referring to no speculators at WNA. Plus, SPUT haven't been active in the spot market for months now. Although Zuri invest bought perhaps 2m lbs.

I now think it's almost inevitable that someone bids for YCA. If there's a 30-50m lb supply deficit next year, their 20m lbs will be significant in closing the gap. Maybe even SPUT too.

[swanvesta] 15/9/2023 11:36

Nice discussion. I'm not convinced there are no speculators - what else are SPUT and YCA, etc? They are assisting price discovery, but also storing up a buffer of inventory that can be released if supply truly does come off the rails. At least, isn't that one way to interpret SPUT's recent change of terms?

[7kiwi] 14/9/2023 23:34

If you are at all interested in the Uranium market, this 40 minute conversation between Kuppy and Mike Alkin is an essential watch.

[7kiwi] 14/9/2023 22:33

Evo Markets reporting $65-68 for a mid-price of $66.50/lb. Expect Numerco to move tomorrow.

SPUT seems to have raised significant cash today so now Sprott will be in the market too.

[7kiwi] 14/9/2023 17:41

Hopefully, GCL is fading its Cameco holding in favour of developers like Denison.

Spot up to $65.50 now. SPUT moving up faster than the miners.

[dogberry202000] 14/9/2023 16:42

Is Denison beginning its run? GCL's biggest holding, $NXE has.

[7kiwi] 14/9/2023 13:23

Undiluted NAV now broken the 60p barrier at 60.32p. Fully diluted NAV at 56.56.

[7kiwi] 14/9/2023 10:43

A good while ago, probably over a year ago, I did some playing with a Livermore Accumulation cylinder and GCL. Shortly after, we broke down out of the structure, but now we are back above the lower boundary. I'm no expert on this, but it looks like quite a favourable development.

[888icb] 14/9/2023 08:43

Another good start to the day Up 6.2% rising above 50p to 51.5p on volume of 600000.

[7kiwi] 14/9/2023 00:09

SPUT raised $16m today. Cash now over $25m. I think that should be enough to fill their coffers, so that any more cash raised will now go towards buying more Uranium.

[dogberry202000] 13/9/2023 22:24

John Quakes
@quakes99
·
7m
Ka-boom!🧨
28165;🔥 #Nuclear fuel brokers
@EvoMarkets
have just reported that their closing price today for Spot #Uranium soared +$2.00 to 🥁.......... a new 12-year high of $64.00/lb #U3O8🎆Ӿ79;🤯 which is a price not hit since 11 March 2011.🌊Ӻ71;🇵⚛️😲

[7kiwi] 13/9/2023 22:18

According to Numerco spot now 63.50/lb. BPI reporting 64, a 12 year high.

Things are hotting up.

[donald pond] 13/9/2023 21:14

I don't see the point in buybacks here. The discount comes and goes and the market cap is so low that we don't want fewer shares in issue. As awareness of the uranium story grows I'm sure we will see the discount unwind.

[j4ckthehat] 13/9/2023 20:33

All moving well this evening, looks like GCL has had a little consolidation the last few days. Got a short term 61p price target