With SPUT's news, funds are going to flow back into the ETF's and the equities as the bulls come roaring back into #uranium. The equities multiply higher, much faster, as we are seeing at the open. It's always odd, but the higher it goes, the bigger the attraction.

Info from offering documents regarding the share raise. $glo is looking to raise $20 million CAD for use to the end of August. They already have $8.1 million. Anything they raise beyond $20 mm will go to working capital. My understanding is that they already exceeded their goal

A well written thread on $GLO, raising important questions and a decision path. #uranium 👇

Listen to the snippet from Yellowbull conversation with Golden Rock Research about the #uranium deficit...and Tim is conservative with his numbers. There is not enough supply.

In 2025 so far, #uranium term contracting is only slightly better than in 2013, when contracting came to an abrupt halt post-Fukushima. This is not sustainable and temporary. During this time, term price has stayed firm at $80 & in terms of the contract cycle, we are at a bottom.

If there is anything that can limit the growth of #nuclear in the US, and for that matter #uranium production, this would be it 👇

#uranium and any other resources 👇

In #uranium mining, when the selling price is still low and not going anywhere, at least for now, the focus turns to everything else. What the market chooses to focus on is very different when you can sell for $100/lb versus the current $70.

Will we see any late day price changes among the #uranium companies due to $URA's rebalancing?

There are many truths about building nuclear in the USA in this reply by Duke Energy CEO in the latest conference call. These could be resolved over time but it will take years. #uranium

The EIA has pushed out the issue date of the 2024 #Uranium Marketing Annual Report on US utilities purchases and intentions to September. This had always been published in June. I suspect it is due to the DOGE cuts, but a cynic might feel there is a link to the WNA next month.

Here is a very interesting chart. China is significantly increasing debt. This translated into a need for commodities and an increase in their price. The last time was 2020, while 2016 had less of an effect.👇

Strongly suggest reading Golden Rock Research note if you are curious about what may be happening to #uranium stocks today.