Huge coverage in the U.S. for PEN! Top 5 Uranium stocks, page-55

As an FYI, uranium that was previously produced and currently held in inventory is ineligible for the program - I'm sure this will bring great joy to certain posters here who seemed excited by the prospect of the inventory being ineligible due to foreign origins, don't worry, it's ineligible regardless The purpose of the program is to kickstart production. I don't know too much about Energy Fuels' or Ur-Energy's projects, would love to hear a rundown from someone more well acquainted with US listed stocks.

By my reasoning, anything already producing is a very unlikely target for purchasing by the stockpile (Ur-Energy's Lost Creek apparently running already?), since buying a bunch of uranium that was gonna get mined anyway just forces the previous utility buying from there to buy somewhere else, possibly even from overseas. Obviously anything too expensive won't be able to come online even with generous contracts from the stockpile though; they should be aiming at the margins and attempting to bring about the jump between "X mines come back online in 2023" and "X+3 mines come back online in 2023".

The worst downside for PEN is still the same (chemistry fails, mine is horribly uneconomical except at overshoot prices), but I think this really helps the middling outcomes. If spot increases modestly and PEN's low pH turns out to have mediocre production costs, it seems likely it could end up in the sweet spot where it's rescued by a DoE contract designed specifically to assist a restart that wouldn't otherwise have been possible.