Uranium Market Minute - Episode 207: Is Kazatomprom About to Open up the Taps??
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- čas přidán 3. 02. 2024
- To watch the Uranium Insider Members Webinar interview with Nick Lawson and Ben Finegold from Ocean Wall, click HERE: t.co/2xtYbSdTtO
This video is intended for entertainment and educational purposes ONLY. Always do your own due diligence before making any financial decisions.
Justin Huhn is the Founder and Publisher of the Uranium Insider Newsletter...the only investing newsletter that focuses solely on #uranium and publishes on a regular monthly basis.
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I've been watching your videos for about 2 years . I want to thank you for all your efforts. I've invested a modest $3000 dollars but my stocks are returning at 50%. I've had my biggest 2 days in the last 3 weeks. Thank you Justin
Great to hear this. 🙏🏻🍻
I’m a uranium insider subscriber, all you people need to join up, it’s so cheap for the intel. Justin has saved me from doing dumb stuff and staying in the trade, I can’t recommend his service enough
Thank you Martin! 🙏🏻🙏🏻🍻🍻
me to - the best👍
Do they have promotions?@@UraniumInsider
Me to👍
Justin is that you? lol
I had probly 80% of my net worth in uranium back in 2020. was a no brainer. Was in since 2017 but all I kept telling myself back then was my only regret was I didn’t buy more. I have sold a bunch but to move into undervalued gold n silver miners but still have 33% of my net worth in it. Gonna be a fun next 2 years
Great to see you again Justin. Thanks for your work.
My pleasure!
Great update Justin! Thanks for sharing.
Great info delivered well....
Excellent communicator.
Cheers Justin.
Much appreciated!
Great stuff Justin. Appreciate your work.
Justin is the GOAT
I'm first!! Thanks for your help in the Uranium market!
Fortunate to catch one of these briefings! Hats off to you, sir.
another brilliant one Justin .. also watched your aussie interview with the money miners .. first class work as usual.
Thank you kindly
Justin, big thanks to you and other uranium investing gurus sharing their knowledge. I'm already at 6 bagger with not one, but few of my uranium stocks, and looks like the party is far from over. I did invest pretty early and that helped. Keep up the great work !
Nice work!
Thank you for the very interesting webinar
Thanks Justin, great update
Pure gold! Thanx
Always greatful for you and your team and the great content that you share with us here.
Looking forward to seeing this ball game play out as the years go on.
Cheers
Our pleasure!
Great bonus content listening to Nick and Ben at Ocean Wall. Thanks for that!
Glad you enjoyed it!
Thanks to you there is a group of investors from Poland that have invested in uranium, I was able to persuade (however it was not a financial advice XD) seven people to invest in this thesis who now have a great paper profit (nobody sold their shares during a correction). It wouldn't be possible without the knowledge that you have delivered on a daily basis. It has been a bumpy ride for the last 3 years that I'm into this trade, however I'm keeping my stocks as there is still a lot of upside with those tailwinds. Keep up a great work!
Thanks Justin. Great to hear your update. Take care
Thanks, you too!
Great to see u.Malaysia like u❤❤
Thanks Justin, very informative as usual. On a side note, if not mistaken, one metric tonne of u3o8 is not 2600 lbs, but more 2200 lbs or so (ref. @5min50s)
One metric tonne of U3O8 is about 2200 lbs but one tU U3O8 is about 2600.
@@MrSaskrider Thank you for your insight. I have now realized that it is not a mistake. Was not fully familiar with the concept of tU.
Thanks for the update ❤
wow i a n uranium and i see only good times to come .Thank you Justin
Thank U!⚛
He’s backkkkk. Super fired up for the U3O8 trade this year. Retirement at 26 anyone? 😉
Never retire. Retirement is death.
Great content as always!
Appreciate it!
Thanks Justin, greatly appreciate your input. Other than gold/silver perhaps, there appears no better place to put your money.
Do you have a video on your expectations for Cameco's 2024 guidance being announced this Thursday?
The water for at least some of the Namibia projects (eg Bannerman) is provided by a desalinating plant so what do you mean by a problem?
This is really good stuff!!
I feel 3O8% financially advised! Thank you.⚛️
Just of curiosity, how much longer can we continue with this supply deficit before the stocks are depleted (roughly)?
Thumbs up!
I’d really like to hear about how the near producers are moving & any speculatives that are worthwhile watching.
Justin Huuuuuuuhn 😁
👏👏👏
One thing you said about watching cap X as foreshadowing of future production which of course makes sense with the 12 to 18 month lag. But their cap x will be muddied with the large cap x with the building of the new sulphuric acid plant so you will not get a good read of what production will be for 2025 and 2026 unless they breakdown the costs for the plant separate from the spend for sulphuric acid in its financial statements.
What are your theories on why the equities are lagging so far behind?
everyone is just buying the magnificent 7 and sitting on the side while they watch to see if a recession will happen, or if rates go down, what happens with BTFP and QT. smaller caps and risk will all blow up at the same time, pretty much the whole uranium sector is seen as a risk play by the big funds. Should have some resolution by march-april
Justin, maybe some time you could address the potential for uranium extraction from tailings of various mining operations. The two that I've heard about are phosphates (for which there are huge tailings stockpiles) and recently some talk about Sibanye-Stillwater (platinum mining, I think) as a source - apparently UxC has SBSW as a supplier with 70 m lbs in tailings, cheaply extractable.
hey J, really like your content, how can I subs to the newsletter?
Thank you, Joni! 🙏🏻
www.uraniuminsider.com/newsletter
this is brutal. any updates that will give boost to the spot price?
Justin can you update us in the recent developments re the Kazakhstan government?
Only 101 episodes to go to get to 3Oh8
Uranium whisperer 🫡
Mr. Huhn, is there really shortage of sulfuric acid?
If so, what could be a nice pure sulfuric acid play?
Not hearing much about the percentage increase in U3O8 from underfeeding to overfeeding.
Overfeeding not really happening. Underfeeding in the West is gone, though
Pay yourself on the way up and fast
Justin is the acid only used in ISR mining?
No - acid is used in both standard milling and in insitu.
Metric ton: 2204.6 lbs
Long ton: 2240lbs
Short ton: 2000lbs
StoicFlipper approves.
its going to take a meltdown to stop the price!
❤❤❤❤👍👍👍👍👌👌👌👌
I remember when 100 was big
Justin didn't mention that most of the increased KAP production, when it happens, will go to China and Russia.
14:52
@@UraniumInsider Sorry Justin, I missed that all the increased production was going to Russia. My mistake. What about the KAP production that's going to China? Maybe you talked about that at some point when I wasn't paying full attention.
BHP is going to expand copper production at Olympic Dam and in the process will pull out lots of uranium.. BHP could also easily buy nexgen in a heartbeat .. make cameco and kaz look like kids rolling tyres.
Total BS...
@@JasonISF.. you silly little penny.
High grades Ur ore 350 meters down in unbroken frozen ground is not a mine. No permits, no financing, no infrastructure, no staff, yet a mine? Check back in 10 years for Nexgen. #Bnnlf
1 metric ton (t) is equal to 2204.6 pounds
Will the conflict thats occuring between US and Yemen affect Uranium?
It’s prolonging uranium shipments from Australia to the EU
The Budenovskoye Uranium is going to Russia for the first five years, BUT is it going to the Russian government itself for stockpiling, or to Rosatomprom etc? Traditionally Russia sells a very large amount of Uranium to the West, why would we not think that is where some of this project's Uranium will go? Thank you for your insight, joined Uranium Insider a few months ago.
Aura's Tirus
has everyone sold Nuscale, or is it best to hang on?
Sold early on the downside, so glad I saw it coming.
wish i had@@suegibson8914
Uranium is doing well and I only see positive comments in the comments section 😆
Justin.. when are you doing the copper insider and the met coal insider?? modern biology and AI can clone you .. all the best my friend.
2000 lbs in a ton unless these tons are different due to mining.
Similar to copper.. mining is a complex business.. even coal mining is no picnic.
BlaBlaBLaBla there's more uranium in the ground than you can shake a stick at.
The price of yellow cake is still very cheap.
I have a diarrhea that smells really horrible. Also, it has chunks of meaty objects. It is sticky, stinky and out of control.
What do you suggest i do
Rumors that the Kazakh government has resigned. Where does that put us?
Chad
Did you know that sulfuric acid is widely used in the oil and fertilizer industry? Is this why there is such a big push away from those two industries? 🤔
Agriculture use takes priority...and yes, it does constrain the availability for uranium extraction in Kazakhstan.
$200 Uranium feels WAY more feasible nowadays. Hilarious.
You don't have much hair bud! Haha....
Luckily you dont have much hair... so we have time before things gets on FIRE = BUY !!!!! 🤣🤣🤣🤣🤣🤣🤣
I got unsubscribed!!
start selling 10% once subscriber numbers hit 25k. Then another 15% at 30k subs.
Sprott has 60 million pounds. They will be selling/ taking profits in probably few months
That is a literal impossibility under the rules of their own trust. To change those rules would require the affirmative vote from 60% of outstanding shares. Not 60% of the vote, of all shares that could have voted. Those pounds of uranium are only coming out if they're seized at gunpoint by the Royal Canadian Mounted Police. And please do the bare minimum of research next time before spreading misinformation.
Not possible they can’t sell the Uranium under the current rules
hey relax. we are having discussion. say 10 percent at some point would like to cash in and leave the fund. thats around 700 million usd. if they dont sell pounds who is gonna provide that amount of money for those who decided to leave? @@FelineBlender
@@kestas7433the fund would sell at a discount to NAV. That is how it is currently set up to operate. They did try to change the rules but for now it did not go into effect. At some point in the future that could change but it would restrict sales to specific conditions.
You're missing the point. The vehicle was set up to tighten the market (so Mr Sprott can get rich off all his other uranium investments). Plus, the fund pays him a $50 million a year management fee until eternity. He's not going to give that up.