John Quakes
@quakes99
⚡️@Sprott Physical #Uranium Trust ticker $U.UN on #Canada's TSX traded over 6.6 Million shares today across all Canadian exchanges🔊 with its ATM running hot.🔥ㇽ5;💵 Appears #SPUT may have raised over C$100M💰312;🐂 with Goldman Sachs biggest net buyer of 1.23M shares worth C$39M!😲 |
Spot up again to $103.5 mid-price. Let's see where it ends up when the market closes. |
Wouldn't surprise me. But it also wouldn't surprise me if the sum raised is less than expected because they don't have line of sight on lbs to purchase. We'll know at midnight tonight. |
another poster on another site, thinks that sput may have raised around 20 million already today. |
And there we have it, NAV over £8/share. Despite the decent rise today discount is over £1/share at 13.9%, with Numerco now reporting £101.50/lb mid-price.
Now SPUT is at or around NAV, it would make sense for investors to turn their attention to YCA to bring the share price inline with NAV so they can raise cash and exercise their option with KAP and see how many pounds $100m will buy in this market and what the delivery terms are. |
moved to 101.5 mid now |
Numerco now quoting $101.13 |
yep - they moved to a premium since the open |
Keep and eye on SPUT. It's knocking on the door of turning on the ATM again. |
gone through £7 a share |
hxxps://www.world-nuclear-news.org/Articles/UK-releases-roadmap%C2%A0to-quadruple-nuclear-energy-ca |
KAP says it's not going to meet its 2024 production guidance. As predicted. 2025 at risk too. Another sign of supply fragility. |
Been doing some small top slices but took more today. |
the discount to nav should begin to close further, especially when sput sees further flows at the open today, reducing the discount to nav from the current 5% to a premium. |
Money moved here |
Money moved to GNC |
This could absolutely rip in the next few weeks |
'Kin 'ell. Now 100. NAV closing in on £8. |
There goes $100!! |
Now 96.25/lb. Blimey. I make NAV 768p. Discount more than a £1/share. |
Numerco now has spot at $95/lb mid. |
Spot up to 94.25 mid. |
Complete the bowl, create a handle and then whoosh |
SP Angel . Morning View . Uranium equities rally as US Energy Department looks for supply
Uranium equities rally as US Energy Department looks for supply
Australian and US uranium miners have rallied after the US Energy Department announced it has begun looking for contract bids.
The Department stated intentions to use $500m to support domestic enriched uranium supplies.
Paladin is up 9.4%, Bannerman up 6%, Boss and Deep Yellow both up 5%.
Global Atomic has rallied 12%, whilst Nexgen and Uranium Energy are up 7% and 5% respectively.
UK-listed Yellow Cake has rallied 4%. |
Quite a jump today! :-) |
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