Is this a first? π Looks like $U.UN can now raise cash through more than just issuing new trust units or private placements. New playbook for #SPUT? #Uranium$U.U
The U.S. Interior Department on Friday said it would begin taking public input for a new five-year offshore oil and gas leasing program that could include new zones in the Arctic and elsewhere to maximize energy development. reuters.com/sustainability/cβ¦
Mali, Niger & Burkina Faso:
The 3 countries are part of what is known as Africaβs βcoup beltβ, after being taken over by military juntas between 2020 and 2023.
Avoid exposure to any resource companies based there.
on.ft.com/4hdEeUn
Breaking down Paladin Energy's response to ASX Aware Letter for those who can't sleep tonigt. Here's a simplified explanation of the 6 key points: #PaladinEnergy#ASX$PDN π§΅π
Paladin maintains none of these issues are material enough to affect stock prices significantly. Attributes recent volatility to Fission Uranium Corp. acquisition and sector-wide short-selling. Still expects 6Mlb p.a. production by end of 2025. #Uranium$PDN
3/6 Delayed Commissioning: Second classification circuit delayed due to parts shortage. Commissioned July 10, 2024. Paladin argues no material impact on quarterly production.
Interesting comments on the Bloomberg FUD about Rosatom "stealing" France's #Uranium assets in Niger, from a Russian energy expert and chief editor of Geoenergetika.ru Boris Leonidovich. He calls Bloomberg out on spreading bullshit. $glo$glatf$gxuyoutube.com/watch?v=FPzADXHiβ¦
Interesting comments on the Bloomberg FUD about Rosatom "stealing" France's #Uranium assets in Niger, from a Russian energy expert and chief editor of Geoenergetika.ru Boris Leonidovich. He calls Bloomberg out on spreading bullshit. $glo$glatf$gxuyoutube.com/watch?v=FPzADXHiβ¦
Why should Rosatom take over the french #uranium assets, when they have better projects in Africa?
1)Nyota deposit in Tanzania -> similar to $lot's Keyalekera project but with higher grades. ISL mining that could produce with a ramp up 6 Million lbs > Nigers production
2)Project Wings in Namibia (halfway through exploration phase) also with a potential production of 6 million lbs. 165M lbs in resources. Mining starts in 2029.
Take his words with a grain of salt, but his point is that Rosatom has no time for political troubles #Uranium#Niger