Uranium and silver 2021
Stockholm, Sverige
Joined May 2016
- Tweets598
- Following377
- Followers113
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Sten retweeted
⚡️Spot #Uranium activity continues to heat up♨️🛢️☢️🛒🐒 with 250,000 lbs traded yesterday at $92.00 & $92.50 and a deal for 100,000 lbs today at $91.85/lb #U3O8 🤝 dipping the Spot price a tad🤏 for #Nuclear fuel brokers @Numerco to $91.88 & #UraniumMarkets to $91.75 🤠🐂
Sten retweeted
☢️ America wants to build more nuclear reactors. But who's going to supply the fuel?
Scott Nolan, CEO of @generalmatter, discussed one of the biggest challenges facing the US nuclear industry in a recent interview.
His company is trying to rebuild America's uranium enrichment capacity.
Here are the key takeaways:
🇷🇺 1. The US still depends on foreign enrichment.
Russia has historically supplied roughly a quarter of US enrichment needs.
Congress banned Russian uranium imports in 2024, although temporary waivers allow some deliveries until January 1, 2028.
American utilities will need alternative suppliers.
⚛️ 2. Advanced reactors need different fuel.
Most existing nuclear reactors use uranium enriched to around 3–5%.
Many advanced reactors require HALEU, enriched to as much as 19.75%.
This allows certain designs to use smaller reactor cores and operate longer between refueling.
The problem? Commercial HALEU supplies remain extremely limited.
🏗️ 3. General Matter is building a new enrichment facility.
The company is developing a facility in Paducah, Kentucky, where the US previously operated a major enrichment plant.
General Matter received a $900 million Department of Energy contract to help establish domestic HALEU production capacity.
Its first NRC license application has been accepted for review, and the company aims to begin production before 2030.
⚡ 4. Existing nuclear plants are the immediate opportunity.
Despite all the excitement around SMRs and AI data centers, Nolan says most of General Matter's near-term commercial market comes from existing nuclear utilities.
Advanced reactors could become a much bigger opportunity during the 2030s.
💰 5. Nuclear's biggest challenge is cost.
Nolan argues that nuclear power struggled partly because the industry never achieved sufficient economies of scale.
Construction delays, financing costs and inefficient supply chains made new reactors increasingly expensive.
He believes faster construction, standardized designs and cheaper enrichment could dramatically improve nuclear economics.
One particularly interesting point from the interview:
General Matter isn't simply trying to bring enrichment back to America.
Nolan wants the company to compete internationally on cost against established suppliers in Europe, Russia and China.
That would represent a significant change for an industry that has relied heavily on foreign enrichment services for decades.
@ScottNolan @generalmatter
General Matter CEO @ScottNolan joined me to break down why enriched uranium is the bottleneck for nuclear power. We get into why US nuclear fuel comes from Russia; their enrichment facility in Paducah, Kentucky; applying the SpaceX playbook to heavy industry; and the reasons nuclear became expensive.
00:00:00 Introduction
00:00:41 America’s missing nuclear fuel
00:05:27 Why small reactors need stronger fuel
00:11:42 Can nuclear power the AI buildout?
00:15:25 Why nuclear became so expensive
00:22:24 The startups reinventing nuclear
00:25:31 General Matter’s race to 2030
00:29:44 Stripe Press’ new books
00:30:22 The SpaceX playbook applied to nuclear
00:35:18 Uranium enrichment, explained
00:45:53 How small startups beat stagnant incumbents
Sten retweeted
#Uranium Stocks Fell With AI, but Uranium Doesn’t Need AI, Says Scott Melbye youtu.be/WKhrQR4e7MI?si=k-17… via @YouTube
Sten retweeted
🦁Markets roared today in US midterms celebration🇺🇸🇨🇦🥳 but #AI wasn't invited🤖🚫 as traders discarded their baskets of chip-makers, data center builders, #Nuclear & #Uranium #stocks🧺💻⚛️⛏️🚮 over fears of a Dems-led US #AI slowdown😱 while the real action for U is accelerating Nuclear growth in #China🏎️🔥⬆️⚛️⚡️🇨🇳 and a new ~390M lbs strategic uranium reserve putting more constraints on #Kazakhstan's #U3O8 exports🗜️🇰🇿⛽️ that add even more heat to the U sector's already extremely bullish indicator.♨️🌡️🤠🐂
Sten retweeted
Lauren McDonald's recent article in @denbizjournal covers last week's conditional approval for Phase One construction of the Donald Project in Australia.
This decision is a major milestone in establishing our first large-scale source of #rareearths and further strengthens our strategy to become a vertically integrated Western-aligned supply chain.
For more information on how the conditional approval further strengthens our growing supply chain, check out the full article: acrobat.adobe.com/id/urn:aai…
$UUUU $EFR $EF2 #EnergyFuels #supplychain #Mine2Magnet
Sten retweeted
TL;DR?🙄 The fundamental #Uranium #mining #stocks #investing thesis is much stronger & far more bullish now, with U stocks at 52-week lows, than it was in February when they were at 52-week highs!
👉The Long-term #U3O8 price, the key parameter used by analysts to calculate the economic value of a company's Uranium resources & mine projects, is Up +10% to a new all-time record high of $98.
👉Global #Nuclear commitments have risen +7.5% to 943GW and the pace of that growth is accelerating.
👉Uranium miners are missing their production targets. Global investment banks now forecast a deep structural supply deficit growing to 45 Million lbs per year by 2035.
👉The deep U stocks selloff has been for technical, not fundamental, reasons due to the way big investment houses group their stocks & ETF holdings into thematic baskets, putting U names in their AI and Metals & Mining baskets which they've been dumping since the launch of the war on Iran.
👉Now that those baskets are getting empty, and they hold huge amounts of cash, the U sector could see explosive upside when they rebuy U stocks, amplified by the high volume of shorts that need to cover.
DYOR and invest accordingly!🤠🐂
🧑🏫IMHO, here's the reality with respect to fundamentals & pricing of the #U3O8 commodity🛢️☢️ and #Nuclear demand tailwinds🌀⚛️🏗️👷 at the end of January when share prices of #Uranium #stocks traded near 52-week highs⬆️💎 compared to today with U stocks now at unwarranted deeply oversold levels.⬇️💩
Month-end Uranium at 30 January ➡️ 30 October
Long-term U3O8 $89 ➡️ +$9 to $98 record high
Spot U3O8 $94.28 ➡️ $91.55
Long-term Conversion $55 ➡️ $55
Spot Conversion $62 ➡️ $64
Long-term enrichment SWU $173 ➡️ $183
Spot enrichment SWU $200 ➡️ $203
Nuclear reactors (WNA) at 30 January ➡️ 30 October
Operable 436 (398GW) ➡️ 443 (406GW)
Under Construction 74 (82GW) ➡️ 79 (87GW)
Planned/Approved 116 (110GW) ➡️ 122 (111GW)
Proposed 318 (288GW) ➡️ 336 (299GW)
Meanwhile, as per Mike Alkin's chart of missed production targets below, new supply has been seriously constrained by technical mining issues, setbacks, rising production & financing costs, etc., with new mine construction projects facing similar hurdles in bringing new supply online in the coming years. Mining is hard, and uranium mining is the hardest!⚛️⛏️😩
📶 Every signal indicates a Uranium sector that is far more bullish today than it was back in January, with the longer-term outlook pushing the bullish indicators to extreme⚛️⛏️🔥🌡️🐂🔮👀 as the number of nations pledging to triple global Nuclear power capacity has grown from 28 to 39, while the US has set its own target of quadrupling from ~100GW today to ~400GW by 2050 with strong bipartisan support.⏫⚛️🏗️👷🌏
😲But, US producers were only able to mine 1.4M lbs in 2025 while, since January, the US National Nuclear Security Administration (NNSA) has issued a Request for Information (RFI) seeking 4 million lbs U₃O₈ per year of US-origin uranium starting as early as 2030 and extending through the 2040s. That's on top of the ~50 Million lbs per year needed to fuel the 94 operating US reactors, which could quadruple to 200M lbs per year by 2050.🤯
Need I go on?🤷♂️ The bullish Nuclear news flow since January has increased from a rushing river♒️ to an unprecedented mind-blowing torrent📰⚛️🌊🤯 as a global Nuclear Renaissance has continued to accelerate🏎️🔥 picking up additional tailwinds from the world's largest tech giants committing to secure massive amounts of clean, 24/7 reliable, carbon-free Nuclear energy to power their data center expansion plans.⚛️⚡️🔌🤖💻
Since January, the growth in future Nuclear fuel demand has soared, with or without the AI thematic tailwinds.📈⛽️🛒 Global investment banks are projecting a structural supply deficit in each of the next 10 years growing to 45M lbs in 2035 with no way to balance supply with demand into the 2040s. ⚖️🚫
Yet, the tiny Uranium sector has been beaten down to deeply oversold levels⛏️📉 in complete opposition to the sectors increasingly bullish demand vs supply fundamentals.🔀↕️🤪
As we've discussed, investment funds, hedge funds and portfolio managers put their small Uranium stocks positions into the same baskets they use to hold their AI stocks, as the picks and shovels play on Nuclear AI infrastructure.🧺🤖💻⚛️⛏️ As well, they put U stocks in their Mining & Metals baskets alongside gold, silver, copper, etc.🧺🪙🏭🧑🏭⚛️⛏️
😱So, since Trump & Israel launched their war against Iran on 28 February, U stocks have plummeted as "collateral damage" as those major holders of Uranium stocks went "risk off" and began dumping everything in their AI and Metals & Mining baskets🧺🧺⤵️🗑️ driving down the share prices of uranium stocks for the past 8 months as funds, portfolio managers & traders fled to the safety of cash.🦺💵 Short sellers saw what was unfolding and added even more downward pressure by vastly increasing their short positions to profit from the downward spiral.🌪️ Share prices dove while fundamentals climbed!😲
Sentiment amongst retail investors decoupled from fundamentals and hitched itself to the sinking share prices, falling into a deep depression as they saw their U stocks portfolios get thrashed while watching the Nuclear fundamentals get more and more bullish with each passing day!😭
Where do things sit today?🎭 The gap between market pricing💩 and true intrinsic asset values💎 has now widened to a completely irrational extreme↕️🤪 as the long-term Uranium price has soared to new all-time highs amidst an accelerating Nuclear Renaissance💲⏫⚛️⛽️ while supply continues to falter and lag under technical and economic pressures.⛏️🐌🗜️
Given the high volume of short positions, and depleted levels of uranium equities held by big money portfolios now flush with huge amounts of cash, we appear to be close to a turning point that could see a massive short squeeze amid high volume buying by traders, funds, institutions and retail as they come to realize the incredible investing opportunity now being offered.🗜️💥💣 The potential for a rapid recovery rally back to 52-week highs has never been greater!⤴️🌟
↪️ When that turn fully kicks into gear is anyone's guess at this moment in time, with US midterm elections looming large.😟 The events unfolding in the coming days and weeks will likely play a major role but, as has happened in the past, Uranium stocks could decouple from the broader markets and strike out on their own given the extreme asymmetric upside on offer.🎁📈⚛️⛏️💰
🤠How and when U choose to participate in the coming U sector rebound is totally up to U!🤔 It's your money so invest it wisely🦉 according to your own unique financial goals, research, experience & skills, risk appetite, time horizon and conviction.🎭 Get ready to ride the coming wave!🌊🏄 Good luck with your trades!☘️🌈💰
Sten retweeted
Boom!💥📰 79 #Nuclear reactors are now under construction worldwide, the most in 40 years, as rising fossil fuel prices and the spread of energy-hungry #AI accelerate plans for building new Nuclear power plants.🏎️🔥⚛️🏗️👷🌏🤠🐂 #Uranium #EnergySecurity 🏄 asia.nikkei.com/business/ene…
Sten retweeted
$UUUU
Do you remember this name from when I mentioned it in May?
It’s already up more than 50% from my target zone—and there is still a long way to go.
From current levels, my mid-term target implies more than 200% upside.
I believe another attractive entry opportunity is approaching.
All Patreon subscribers will be notified if and when we enter.
$UUUU
Remember the name.
This company is positioned at the intersection of two of the biggest themes of the next decade.
1. ENERGY SHORTAGE
$UUUU is one of the largest uranium producers in the United States.
As nuclear power and SMRs become increasingly important, demand for domestic uranium supply could surge.
2. ROBOTICS
$UUUU is also building a leading position in heavy rare earth processing in the Western Hemisphere.
Rare earth elements are critical for permanent magnets — a key component in humanoid robots, EVs, defense systems, and industrial automation.
From a technical perspective, the stock remains volatile.
I expect a bottom to form in the range between CAD $24–$19 (USD $17–$14).
As long as the red line at CAD $17.09 holds, a move toward CAD $79 (around USD $59) remains possible.
That would represent a potential 3x from current levels — and could be only the beginning.
Is $UUUU on your watchlist?
Sten retweeted
Paladin Energy $PDN.TO #uranium (ASX:PDN) FY2026 Results – clean operational beat
✅ Production: 4.82 Mlb (top of 4.5–4.8 guidance)
✅ Sales: 4.35 Mlb (above 3.8–4.2)
✅ Costs: US$43.3/lb (better than 44–48)
✅ Capex: US$12.1M (well under 15–17)
LHM ramp-up complete. PLS advancing in Canada.
Cash ~US$265M + undrawn US$70M facility.
FY27 production guidance: 5.1–5.6 Mlb
Solid execution in the restart year.
$PDN remains one of my top holdings. 💪
Sten retweeted
Uranium just shook off its five-month nap.
Structural deficit + China reactor buildout + AI power hunger = the quiet squeeze is getting louder.
#Uranium #Nuclear #AIEnergy
Uranium Awakens From Five-Month Slumber As UBS Warns Market Is "Tightening Structurally" zerohedge.com/commodities/ur…
Sten retweeted
Uranium
$U.UN (TSX) - Sprott Physical Uranium Trust
We stay, we profit, we don't marry the thesis.
That said, being in the European business, there is none left.
I have no idea how they will get it. I have some in storage contracts, only to be released at $500. We'll see.
$U.UN (TSX) - Physical Uranium long trade
Added to full position, took up risk to 0.5% of the account, if we drop and lose trend.
Nominal 15% now. Let's see.
In general, I do not sell breakouts, I buy them.
Sten retweeted
🚨 ATOMIC EAGLE LANDS MASSIVE 116M LB NIGER URANIUM DEAL
Atomic Eagle ( ASX: $AEU.AX ) has officially resolved its West African expropriation dispute, securing a 60/40 joint venture with the Republic of Niger to develop the Tier-1 Madaouela Uranium Project while withdrawing all pending international arbitration.
Is this commercial resolution a new blueprint for navigating sovereign risk in critical minerals?
Sten retweeted
Uranium is building the mother of all cup-and-handles.
The 'Nuclear Renaissance' narrative finally has price action to back it up.
$U.UN
Sten retweeted
@Energy_Fuels’s SVP Curtis Moore will be attending @WorldNuclear’s World Nuclear Symposium in London, UK on September 9-11.
Set a conference meeting today!
$UUUU $EFR $EF2 #EnergyFuels #uranium #rareearths #nuclearenergy
Sten retweeted
Buying #uranium equities here, is like buying the calm before a generational storm.
Buy, hold, buy some more, hold longer.
When it hits, you will not have time to react, nor the fortitude or conviction to buy and hold at prices much, much higher from here.
-Tom
