Currently, the World Nuclear Association shows 439 operable...

Currently, the World Nuclear Association shows 439 operable reactors (396GW), 64 units under construction (71GW), 88 more ordered or in advanced planning (85GW) and another 344 reactors (365GW) proposed. The WNA estimates that operating reactors will consume 67,517tU (176 Million lbs U3O8) this year. Nuclear fuel consultants push that figure up to over 200 Million lbs when taking initial reactor coreloads (3X annual), inventory restocking and secondary demand from physical funds and other financial players into account. The most recent Uranium production figures available are for 2022 in which 49,355tU (128M lbs) were produced, meeting only 74% of basic consumption requirements.


I can not think of a better sector to invest / keep invested in right now.. the supply / demand imbalance of 50 million pounds minumum per year is mind boggling. Taking in to account the rapid nuclear builds in china and the 20+ countries planning to build reactors.
How long can they keep the spot price below 100?... the roof is going to blow over here soon imo. AGE as a company is in a great position to take adavantage of this too..


Page 29 of WNA investor presentation

Potential initial conditional sales offtake agreement(s) to support project financing.

This would have to be one of the best lines ive read in a while.. its so important on many levels and will bode well once the field trial tests get a tick.
2025 / 2026 agreement with utilities to sell uranium will get funds coming in to least dilute the share registry and in turn make our share much more valuable. At a time when long term contracts will be over 100 ..

For those that have bought age 2-3-4 years ago.. its has been a tough battle with share price swings.. but imo, those days of supressed share prices will be coming to a end.