I am not a pump and dump so posting after the market closed.


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Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

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Above is on Hot Copper and MSN and elsewhere! Why is much more subtle and much more interesting

UF6 is u308 on its why to LEU. If you don't know these terms Sorry this post will bore you!

Russian LEU is sold to Consolation and some other US nuclear power plants under contracts cheaper than other options and do not require Uf6 upfront! The buyers of Russian EUP replace the Russian UF6 latter. This is now the buyers of Russian EUP for delivery 2025, 2026....... for the delivery's which have already occurred from Russia or are scheduled to occur from Russian under the exemptions allowed under the USA ban on Russian Nuclear products.

Connect the dots from above is not really subtle. The US utilities who must ship UF6 back to Russia do not have any exemptions for that!

Having a nice beer while this is posted. Cheers all. 13.4% increase today is a bit bar humbug in my thoughts.

PS I am not suggesting Australia could build a nuclear power station or ten! Suggested one of my kids submit a 20million pound application for music study in which fish like and dislike music for the UKs Fish disco at the Hinkley Point C at multiple times the price of the same reactor build in a RED tape lessor site

The UKa fish disco is my favorite nuclear trivia. I like POMs honest.