U3O8 Uranium.

[mistymountain]

U Price on the move.

https://tradingeconomics.com/commodity/uranium

The 1 , 5 , 10 and 25 year graphs look super bullish for the next 1 - 5 years.

Supply demand economics getting stronger in U favour.

[Joshuatree]

Looking like a good place to be in one's portfolio guys.
Anyone know of an etf or stock that holds uranium miners or tracks the U price like OOO( I hold) on the AsX which is a financial derivative that tracks the price of oil.
A company I'm looking at ATM is SLX on asx close to cracking uranium enrichment

[Snow Leopard]

Looking like a good place to be in one's portfolio guys.
Anyone know of an etf or stock that holds uranium miners or tracks the U price like OOO( I hold) on the AsX which is a financial derivative that tracks the price of oil.
A company I'm looking at ATM is SLX on asx close to cracking uranium enrichment

Betashares URNM

[FTG]

Looking like a good place to be in one's portfolio guys.
Anyone know of an etf or stock that holds uranium miners or tracks the U price like OOO( I hold) on the AsX which is a financial derivative that tracks the price of oil.
A company I'm looking at ATM is SLX on asx close to cracking uranium enrichment

URA (not on the ASX though)

- Well established (since about 2010)
- Fees "ok"
- Liquidity very good
- Volatility palatable, comparatively speaking

[mistymountain]

Plenty of options on the NYSE; check out the Sprott Funds: Juniors through to the Miners. I'd love to get some of the SPUT (Physical U ) but Sharsies doesn't provide this purchase.

Tons on great ASX listed companies tho:

Near term producers like Boss . Through to companies operating in Namibia eg Deep Yellow.

Others are likely to restart mothballed mines (eg Paladin, Lotus).

Meanwhile you go super spec and throw dice on the explorers with a resource but State Government not allowing U mining. eg Cauldron....

The thesis for a significant Supply Squeeze through 2024 - 2026 and beyond keeps growing as nations realise Baseload Energy and Zero Carbon is only provided by Nuclear.

[mistymountain]

This recent U and nuclear vid from the Aussie lads is HIGHLY Recommended (actually the whole Podcast is....)

https://www.youtube.com/watch?v=2lxbd7ttvp4

Helps to Bust those BBQ myths over the water cooler.

Also highly intelligent and entertaining so 50 mins very very well spent.

Cheers

[mistymountain]

September ....What a month.... 20 % increase in price. Now US$70lb.

Place your bets for this 2023 / 24 New Year;

[Azz]

Nothing tastes better than uranium.

[JBmurc]

$74lb the price just keeps ticking higher... $100 in the sights

[thedrunkfish]

Bit of a jump today, looks like the US wants to build their own U308 supply.... Good for PEN.