einem dem ich auf Twitter folge "Anders" ist frisch in Anfield eingestiegen , bemängelt auch die Verwässerung hebt aber auch die aktuelle Unterbewertung hervor.
"I continue to evaluate my #uranium investment strategy for this bull market. I see a huge and rapid spike in uranium prices 2024 as increasingly likely as $KAP and probably also $CCJ fail to meet production targets and no significant new production comes online. My focus at the moment is on companies with real assets and production within 0-36 months and not on exploration plays. My three main holdings at the moment are $ISO, $WUC and $EU. Friday I entered $AEC and will probably add more at these prices. $DML also has a compelling case and I may soon enter. Here is some updated info on all these:
$EU is the newest producer in the #USA. Management has kept delivering on their promises, they will keep accelerating ISR production and plans to reach 5 Mlbs by 2028. I don't expect any more dilution as they have lots of cash and production should be able to finance the future expansions. Included in all ETFs. Nasdaq inclusion should increase the trading volumes and that is a factor taken into account when deciding ETF weightings. EU is a long way before the herd. While other uranium companies will have to solve financing, permitting, personnel, material and lot of other things to get into production, all of that requiring many years and often hundreds of millions in costs, EU is already there. Mcap only at $867M which is very low in comparison at the stage they are. Imagine the cash-flow they will have in a couple of years when reaching full production. If they reach 5 Mlbs without further dilution, it should be a $10B company imo.
$WUC is something unique as it has an extremely low mcap of only $76M, but a very advanced mine with good grades of uranium and exceptional grades of vanadium. Two mining teams already working. Plans to have built a mill by end of 2026 and produce around 1,5 Mlbs/year and 6 times as much vanadium. Not much dilution expected here either, the mill can be debt financed, or even better, by selling some ore to UUUU. If plans come true, it could be a $1B company in a couple of years imo. (I have gains of around 100% so far since Aug-Sep.)
$ISO: three mines that can be restarted and toll milled at the White Mesa mill. Latest info says they plan to start mining by the end of 2024 or early 2025 as UUUU opens the mill. With that income they can finance all their other exploration activities. The Hurricane deposit has the highest grades in the world and this winter we will see the results of the ANT technology that has identified several new targets. We might see some results very soon as the first hole on Hawk should be drilled at the moment. Also tends to move very fast with the ETFs because of the tight float. This week we saw an almost double in the URA weighting which only means even more buying pressure each time the ETFs rise.
$AEC: I didn't buy Anfield earlier since it is very diluted. But I have started a smaller position since they plan to have the mill ready for production within about 24 months, with a capacity of 3 Mlbs/year. The mill advantage makes it a valuable play at this mcap. Also, we should see ETF inclusions in 2024.
$DML: Listened to an interview with David Cates, and if plans with ISR mining comes true, Denison will be an incredible cash cow producing up to 9 Mlbs/year. Can finance the CAPEX with uranium inventory and cash, so almost no dilution needed here.
x.com/Swedish_uranium/status/1754109217261163000?s=20
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