Investor Briefing with Marenica Managing Director Murray Hill - Friday 11/12/2020, page-44

First 44 Last

Share
Profile

Follow
Sunrock

996 Posts.

253

10/02/21

17:21

Post #: 50869846
Share

Originally posted by Zia: ↑

It's definitely a patience game Heisenberg, from what I hear Cameco and KAP will need to start buying on spot soon Feb/Mar, utiliities are contacting both Cameco and KAP for long term supply off market and the CEO of Global Atomic confirmed that they have had inquiries about procurement.Go to 15min 15sec mark here

Boss Energy stated in a recent announcement that they have offtake agreements in place awaiting the securing of financing.

"Boss has already signed confidentiality agreements with several global lenders and formal indicative financing proposals are now being sought with a view to ensuring debt funding is well advanced when the Company seeks to finalise offtake agreements."

Boss takes key step towards securing project finance and becoming Australia’s next uranium producer

So there's a bit happening under the surface, spot price will flip eventually.

The rise of uranium equities in the absence of the spot price increasing has more to do with the forward looking market and uranium's role in the clean energy transition that is going to evolve, already seen a lot of talk about extensions to existing reactors in the US, the EU in the process of mandating nuclear in their carbon neutral future, citing:

"the report says it is practically impossible to generate sufficient energy with wind and solar energy as there is not enough available land to meet electricity demand."

Study calls for European nuclear renaissanceSentiment for nuclear is definitely changing with the carbon neutral push.

Disclosure: I hold Boss but don't hold Global Atomic

Expand

Hi Zia Prepare for the run up, bit of buying volume today. CHEERS.

MEY Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

FMG

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

AI stocks: What to expect in 2024-25

Talking Australia's very competitive property landscape: Realty Talks

NRX

Noronex joins forces with South32 to look for copper in Namibia

CC9

Wyoming could be America's next hard rock battery metal province – and Chariot Corporation can help

There are more pages in this discussion • 31 more messages in this thread...

First 44 Last

Add EL8 (ASX) to my watchlist

(20min delay)
Last 36.0¢		Change -0.015(4.00%)		Mkt cap ! $111.0M

Open	High	Low	Value	Volume
36.5¢	36.5¢	35.3¢	$304.6K	845.7K

Buyers (Bids)

No.	Vol.	Price($)
1	10000	36.0¢

Sellers (Offers)

Price($)	Vol.	No.
36.5¢	40812	3

View Market Depth

No.	Vol.	Price($)
1	10000	0.360
8	155418	0.355
12	142628	0.350
2	5000	0.345
5	57773	0.340

Price($)	Vol.	No.
0.365	40812	3
0.370	60000	1
0.375	50000	1
0.380	17000	2
0.385	19995	2

Last trade - 16.10pm 18/07/2024 (20 minute delay)

EL8 (ASX) Chart

Investor Briefing with Marenica Managing Director Murray Hill - Friday 11/12/2020, page-44

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

AI stocks: What to expect in 2024-25

Talking Australia's very competitive property landscape: Realty Talks

Noronex joins forces with South32 to look for copper in Namibia

Wyoming could be America's next hard rock battery metal province – and Chariot Corporation can help

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Investor Briefing with Marenica Managing Director Murray Hill - Friday 11/12/2020, page-44

Top Stories

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

AI stocks: What to expect in 2024-25

Talking Australia's very competitive property landscape: Realty Talks

Noronex joins forces with South32 to look for copper in Namibia

Wyoming could be America's next hard rock battery metal province – and Chariot Corporation can help

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News