Silicon Investor - Uranium Stocks

[Gib Bogle] The price of U3O8 is about where it was 3 months ago. This long period of littl...

Gib Bogle — 5/10/2026 1:20:56 AM

The price of U3O8 is about where it was 3 months ago. This long period of little variation in price hasn't been seen for many years. $86 is looking like an equilibrium price, but I suspect that this is an illusion.

[DinoNavarre] [X] US NUCLEAR FUEL SUPPLY CHAIN: THE FULL PICTURE McKinsey just laid out what...

DinoNavarre — 5/8/2026 12:14:29 PM

[X]

US NUCLEAR FUEL SUPPLY CHAIN: THE FULL PICTURE

McKinsey just laid out what domestic nuclear fuel security actually costs. Here are the key numbers:

CURRENT STATE
· US operates ~97 GW of nuclear capacity, generating ~20% of electricity
· An additional 100–300 GW may be needed by… pic.twitter.com/NgU9jOBBPF
— DA Sails (@da_sails) May 4, 2026

[/X]

Understanding domestic nuclear fuel production options in the United States

[Gib Bogle] Fools rush in: youtube.com

Gib Bogle — 5/7/2026 9:58:04 PM

[The Barracuda™] 2) can't make people fall in love No worry got love potion # 9 [youtube video...

The Barracuda™ — 5/7/2026 8:41:12 PM

2) can't make people fall in love

No worry got love potion # 9

[A. Wiseacre] ASPI - Genie's three rules: 1) Can't kill anyone, 2) can't make people fall in l...

A. Wiseacre — 5/7/2026 3:12:38 PM

ASPI - Genie's three rules: 1) Can't kill anyone, 2) can't make people fall in love and 3) can't bring anyone back from the dead.I think #3 may preclude a genie rebound by ASP Isotopes!

[The Barracuda™] ASPI needs some work so I'm got my lamp out and ; [graphic] From the land beyo...

The Barracuda™ — 5/7/2026 11:23:46 AM

ASPI needs some work so I'm got my lamp out and ;

From the land beyond beyond,
beyond all hope and fear,
I bid you genie now appear.

By smoke and flame and ancient rite,
through veils of time and starry night,
awake, arise, obey my call,
great genie, servant of us all!
Now hear this charge, O spirit bold,
let markets bend to fortunes told:
$ASPI rise in blazing green,
to one hundred dollars soar supreme!
From every low to towering height,
multiply the gains by morning light!

[Postman] API.CN - getting survey results from their Otherside property in the Athabasca B...

Postman — 5/6/2026 9:59:33 AM

API.CN - getting survey results from their Otherside property in the Athabasca Basin. Looking very promising.

Press Release

"Preliminary Results Potentially Indicate Multiple Uranium Structural Settings
Preliminary field observations and early review of the MT dataset are encouraging, highlighting multiple structural geochemical traps along the conductor trend that may be favourable for uranium mineralization. Importantly, the Otherside Uranium Property continues to exhibit electromagnetic signatures and structural features that are comparable to those associated with NexGen Energy's "Arrow" deposit ( see Appia's Otherside Presentation) and other well known uranium deposits in the Athabasca Basin."

[The Barracuda™] No good deed

The Barracuda™ — 5/6/2026 7:37:21 AM

[Gib Bogle] This is another factor pushing the price of U3O8 up. Not good for ISR miners, b...

Gib Bogle — 5/5/2026 11:12:22 PM

This is another factor pushing the price of U3O8 up. Not good for ISR miners, but good for the hard-rock guys.

[nicewatch] The Acid Test The Hoot this Week - 27th April - 1st May 2026 Ocean Wall May 05,...

nicewatch — 5/5/2026 6:05:49 PM

The Acid Test The Hoot this Week - 27th April - 1st May 2026

Ocean Wall May 05, 2026

The Strait of Hormuz disruption is an oil story, but it is also a sulphur story. Sulphur is a byproduct of Gulf oil and gas refining, transits the same chokepoint, and is the feedstock for sulphuric acid, the critical process input for both high-pressure acid leach nickel refining and acid in-situ recovery uranium extraction.

Huayou’s decision to cut Indonesian nickel output is the first major production casualty of that transmission, and CRU Group’s assessment that it will not be the last is, in our view, correct.

Over 50% of global uranium production relies on acid-ISR methodology, and Kazatomprom (KAP), which controls roughly 40% of global supply, runs 100% of its output through that process, making the read-through to uranium production economics direct and material.

KAP does not source sulphur from the Middle East, drawing instead on domestic supply derived principally from the Tengiz and Kashagan fields. This does not insulate the company from the current pricing dynamic. Sulphur is a globally traded commodity, and when Middle East supply is disrupted, the reallocation of global flows tightens availability across all regions and reprices the benchmark accordingly.

Cost Escalation

The data illustrates a cost environment that was already deteriorating before the current conflict introduced further upward pressure. Sulphuric acid as a share of KAP’s production costs has risen in a consistent staircase pattern, from 10% in 2023 to 13% in 2024 to 15% in 2025, with KAP’s own reported weighted average cost of sulphuric acid having troughed at $53/t in 2021 before climbing sharply to $89/t in 2023 and remaining elevated at $86/t through 2024. All of this predates the current conflict.

Sulphur (not sulphuric acid) was trading at approximately $170-200/t FOB Middle East when the 2025 cost figures were established. By January 2026, prices had already risen in excess of 200% to $530/t, before hostilities commenced. S&P Global has warned that a sustained Strait of Hormuz blockage extending into late April or beyond could push sulphur above $800/t, a threshold at which the input becomes operationally uneconomical for certain consumer categories, including HPAL nickel producers. Uranium ISR sits within exactly the same supply chain and faces the same input cost dynamic.

Impact on Kazatomprom’s Cost Base

The consequences are already visible in KAP’s reported cost trajectory. C1 cash costs (The direct cash cost of producing one pound of uranium) have risen from $8.8/lb in 2021 to $18.1/lb in 2025, with 2026 guidance pointing materially higher, while AISC (All-In Sustaining Cash Cost) has followed the same trajectory: $12.6/lb in 2021, $27.7/lb in 2024, $29.5/lb in 2025, with the upper end of 2026 guidance approaching $36/lb.

Disaggregating the acid contribution, the regional price of sulphuric acid roughly doubled across 2025, contributing approximately $4.50/lb to AISC in isolation, which implies that each 10% movement in acid prices correlates to approximately $0.45-$0.50/lb in AISC.

The producer that was once comfortably positioned as lowest in the global cost curve is now shifting to the right, a structural repositioning that has occurred progressively over the six years we have been covering this sector. The one potential structural offset is Kazatomprom’s Taiqonyr acid plant, which the company envisions contributing to a consolidated in-house sulphuric acid supply volume of approximately 1.5 million tonnes starting from 2027, combining the new plant’s 800,000 tonne nameplate capacity with existing in-house production of around 680,000 tonnes. This assumes no delays in construction or commissioning and a clean ramp-up to nameplate capacity, neither of which should be taken as given.

From Cameco’s call today on sulphuric acid: Kazakhstan is different. I was just over there a few weeks ago. And, you know, they've been talking about building a new acid plant to that's supposed to come into play in the next couple of years. I'm not sure how fast that's moving along. We don't see a whole lot of evidence of that. So, I think it would be a little trickier there where their whole production portfolio is based on in-situ recovery using acid. So, we're watching that. I just say we're watching it really closely."

KAP on 2026 cost guidance “The increase in C1 cash cost on an attributable basis reflects the anticipated growth in MET expenses resulting from the differentiated tax rate approach applicable from 2026 onwards...alongside mounting inflationary pressures on the cost of materials and supplies, including sulphuric acid.” – Page 46, KAP 2025 Annual Report

Reading Between the Lines

Within this context, two disclosures published on Thursday are worth reading in conjunction: Kazatomprom’s Q1 2026 operations and trading update, and quarterly activities report from Lotus Resources.

Kazatomprom’s Q1 2026 operations and trading update presented a broadly steady operational picture, with group production of 6,144 tU in line with guidance, an average realised price of $66.33/lb representing a 12% increase year-on-year, and full-year production guidance left unchanged.

The update contained no commentary on sulphuric acid supply, no revision to cost guidance, and no acknowledgement of the sulphur price environment, notable for a producer running 100% of output through acid-ISR at a time when benchmark sulphur prices have risen over 200% from early 2025 levels. Near-term cost impacts are likely buffered by existing inventory and prior-period procurement, but as those positions are drawn down and acid is repriced against a materially higher feedstock backdrop, pressure on the C1 cost line may begin to emerge, a risk that would be compounded by any further delay to the Taikonur acid plant.

Lotus Resources disclosed separately that sulphuric acid supply has been restored following several months of operational disruption, while explicitly noting that pricing and freight costs remain significantly above historical and forecast levels as a consequence of global supply chain pressures. The fact that a single-asset producer in Malawi experienced acid supply disruption material enough to warrant explicit disclosure is an instructive read-through for the broader sector. Supply chain stress in this input is not a theoretical risk. It is already affecting operational continuity at producing assets in the current period.

[sixty2nds] Melbye again. Talks UEC. youtube.com

sixty2nds — 5/5/2026 4:28:05 PM

[golfer72] Sell the news apparently

golfer72 — 5/5/2026 4:04:06 PM

[The Barracuda™] CCJ earnings blowout

The Barracuda™ — 5/5/2026 7:05:55 AM

[sixty2nds] Scott Melbye on the Sweetwater Royalty Deal... youtube.com

sixty2nds — 5/4/2026 6:03:57 PM

[nicewatch] Why Lotus Resources (ASX:LOT) Is Down 39.4% After Kayelekera Ramp-Up Setbacks An...

nicewatch — 5/4/2026 12:50:14 AM

Why Lotus Resources (ASX:LOT) Is Down 39.4% After Kayelekera Ramp-Up Setbacks And Data Revisions

finance.yahoo.com

In case anyone missed this fiasco! Thank goodness I mostly got out where I did, at a loss, but a legacy account was modestly clipped on that trade, such is life.

[The Barracuda™] Justin says sprott.com

The Barracuda™ — 4/29/2026 1:17:04 PM

[#Breeze] jazz, here's a ASPI Wave Count Update on a weekly log chart. I adjusted the labe...

#Breeze — 4/27/2026 7:40:18 PM

jazz, here's a ASPI Wave Count Update on a weekly log chart. I adjusted the labels after Minute Wave (circle) ii. Wave (ii) unfolded as an (a),(b),(c) flat and appears complete. If so then Wave (iii) of Minute Wave (circle) iii is in play with a target of 24.34. Breeze

[jazzlover2] Howdy Breeze, has your wave count changed for ASPI? Many thx.

jazzlover2 — 4/27/2026 6:25:41 PM

[nicewatch] Steppe change in Kazakhstan, the lost art of building nuclear, and a new SMR nam...

nicewatch — 4/27/2026 10:26:42 AM

Steppe change in Kazakhstan, the lost art of building nuclear, and a new SMR name on the market

Ocean Wall - Apr 27, 2026

The world’s largest uranium producer is holding onto pounds. That sentence would have read as contrarian a few years ago. Today, however, it now describes official state policy.

Within the space of a single earnings cycle, the investment narrative around Kazakhstan has undergone a structural reorientation. The Mineral Extraction Tax (MET) reform introduced a tiered regime that reaches 18% on volumes above 4,000 tU per mine, with price surcharges up to 2.5% above $110/lb, actively disincentivising volume maximisation into a rising price environment. Amendments to Kazakhstan’s Subsoil Use Code tightened JV transfer thresholds and, critically, established that upon contract expiry, subsoil use rights revert to Kazatomprom control rather than being extended on existing terms. The direction of travel is toward greater state control over both the economics and the operation of Kazakh uranium production.

The presidential decree published to Kazakhstan’s Ministry of Justice legal database on 17 April is the third and most consequential development in that sequence. The Strategy for the Development of the Nuclear Industry until 2050 sets the following targets in law:

• 100,000 tonnes of uranium formally reserved for domestic NPPs by 2040, rising to 150,000 tonnes by 2050

• 6,000 MW of nuclear capacity targeted by 2040, scaling to 8,400 MW by 2050

• Minimum 3 large NPPs by 2050, with a fourth under active consideration

• First plant planned for Almaty Oblast, 2,400 MW design capacity

At 2025 production levels of approximately 25.8 ktU, 100,000 tonnes represent roughly four years of Kazakhstan’s entire national output. That volume is no longer available to the global market.

For context, Kazatomprom has been signalling this trajectory to investors for well over a year. From their 1H 2025 results statement:

“With each plant requiring around 400 tonnes (1.04 Mlbs) of uranium annually, over the entire operational lifetime [of three plants], this may translate to a cumulative demand of 72 thousand tonnes (187.2 Mlbs). A portion of the Company’s production could therefore be allocated to national needs over time.”

KAP also amended its Subsoil Use Agreements to lower its nominal production ceiling from approximately 85 Mlbs to approximately 77 Mlbs U3O8, and guided for a further approximately 10% downflex in 2026, cutting roughly 5% of world primary supply. Management explicitly stated that current market conditions do not justify returning to full production levels.

The structural picture is therefore one in which the world’s largest uranium producer, has simultaneously lowered its production ceiling, guided below that ceiling, reformed its tax regime, disincentivising volume growth, begun consolidating JV control, and now legally reserved a growing share of its resource base for domestic consumption.

Use it or Lose it: A French Nuclear Case Study

The chart below is a useful reminder that the West, and France in particular, built reactors quickly, repeatedly and at scale across three decades. During the peak of the programme in the 1970s and 80s, reactors were consistently completed within five to six years of first concrete. In 1981 alone, eight reactors were connected to the grid, one every six and a half weeks.

France then stopped building. Flamanville 3, started in 2007, took 17 years. The original programme had been built on decades of accumulated learning. By 2007 that learning had gone, and France faced the full cost and complexity of a first of a kind project with an industrial base that had effectively forgotten how to build.

It is now attempting to rebuild that capability with Macron announcing six new EPR2 reactors, with groundworks already underway at Penly in Normandy.

Thanks largely to a programme born out of the 1973 oil crisis, France today generates around 70% of its electricity from nuclear power. In 2024 it set a record as the world’s largest net exporter of electricity, with generation costs among the lowest in Western Europe.

X-Energy IPO

X-energy (XE) began trading on Friday in what we view as a landmark event for the SMR sector. The book was meaningfully oversubscribed, pricing at $23, a 21 to 44% premium to the marketed range of $16 to $19, and raised in excess of $1 billion, underscoring the strength of institutional appetite for differentiated nuclear exposure.

The company previously pursued a SPAC combination in late 2023, which was ultimately postponed. In hindsight, the delay proved fortuitous: the SMR investment narrative has materially strengthened since, driven by surging data centre power demand and growing policy tailwinds for advanced nuclear. The timing of today’s listing is considerably more favourable.

Amazon is the standout strategic anchor. The company led the $500m Series C, holds an estimated 20%+ stake, and has committed to offtake up to 5 GW of capacity by 2039, with the Cascade Advanced Energy Facility in Washington State expected to be the first deployment under that agreement. What reinforces the commercial picture further is a separate LOI signed with Talen Energy (TLN) in March 2026, under which the two companies will evaluate deploying three or more four-unit Xe-100 plants across Pennsylvania and the broader PJM market.

Technology and Regulatory Progress

The Xe-100 is a pebble-bed SMR cooled by helium rather than water, which removes the siting constraints of conventional nuclear and allows deployment adjacent to industrial demand centres and remote facilities. Modules are factory manufactured and shipped for assembly, materially reducing the construction risk that has historically weighed on large scale nuclear projects.

On the regulatory front, X-energy submitted its standard design approval application to the NRC in 2023, with the review process currently ongoing. NRC approval is the critical path item for commercial deployment and investors should expect this to remain a key catalyst and source of news flow over the next two to three years.

The company is targeting first power for the Dow Chemical site in Seadrift, Texas in the late 2020s. The project is being developed under the DOE’s Advanced Reactor Demonstration Program, a cost-shared federal initiative designed to accelerate the commercialisation of next generation reactor designs by co-funding construction of first-of-a-kind plants alongside private developers.

X-energy joins Oklo (c.$15bn market cap) and NuScale (c.$4bn) as the third listed pure play SMR vehicle, a development the sector should welcome. A deeper bench of publicly traded comparables gives institutional investors a framework for valuing the space, encourages capital allocation across competing technologies, and ultimately lets the market determine which designs and commercial strategies prove most durable.

OWL Nuclear Fuel Chain Index

[#Breeze] OKLO Wave Count Update. Minor Wave 3 is in play with a target of ~350. Breeze [...

#Breeze — 4/24/2026 10:06:39 AM

OKLO Wave Count Update. Minor Wave 3 is in play with a target of ~350. Breeze

[FLHiker54] new to this forum, and reading posts, some very good info here at this board an...

FLHiker54 — 4/23/2026 11:43:34 AM

new to this forum, and reading posts, some very good info here at this board

any thoughts here on NUCL?

Eagle Nuclear Energy

I went long with a small position a couple weeks ago

started trading on Nasdaq early March

they recently closed the purchase of the Aurora Uranium project in SE Wyoming from Aurora Energy Metals LTD, located on BLM land, permitting in progress

also NUCL development ongoing in SMR area

they advertise they are sitting on the largest Uranium deposits in the US

[sixty2nds] I looked at CCJ hard when I eventually plucked UROY out of the group. A mine was...

sixty2nds — 4/23/2026 10:24:24 AM

I looked at CCJ hard when I eventually plucked UROY out of the group.
A mine was flooded another in care and maintenance.
FUBAR?
Naaa...they were buying SPOT and using it to satisfy contracts profitably.
They had a lifeline.

I decided UROY was the LT diversity play in the space.

So...
I twiddle my thumbs
until
I don't

Don't arrived and its name is Sweetwater.

We shall see...

Cheers,
60

[The Barracuda™] CAMECO trades on the Bangkok stock exchange ticker CCJ23 [graphic]

The Barracuda™ — 4/23/2026 5:01:23 AM

CAMECO trades on the Bangkok stock exchange ticker CCJ23

[The Barracuda™] The problem with wave 5 extensions is that when they end, its gap down time; cor...

The Barracuda™ — 4/22/2026 10:33:53 PM

The problem with wave 5 extensions is that when they end, its gap down time; correct?

[#Breeze] There is a 100% price extension that I didn't list.

#Breeze — 4/22/2026 9:38:41 PM

[#Breeze] Yes and I observed that Gold, Silver, PM Miners, at times Uranium stocks have an...

#Breeze — 4/22/2026 9:37:28 PM

Yes and I observed that Gold, Silver, PM Miners, at times Uranium stocks have an extended 5 extension. But I do a conservative target w/o that extension and then watch the count closely when that fifth wave starts. Silver had an explosive one.

[The Barracuda™] The wave 5 extensions; is that where the real fun begins ?

The Barracuda™ — 4/22/2026 7:24:26 PM

[The Barracuda™] Can't believe I owned this thing at $13

The Barracuda™ — 4/22/2026 7:21:57 PM

[#Breeze] Uranium U3O8 Futures Monthly Log Chart. Cup & handle formation still in play. Br...

#Breeze — 4/22/2026 3:02:20 PM

Uranium U3O8 Futures Monthly Log Chart. Cup & handle formation still in play. Breakout from that neckline projects an obj. of 230. Breeze

[#Breeze] CCJ Wave Count Update. Wave (v) of Minute Wave (circle) v of Minor Wave 3 I in p...

#Breeze — 4/22/2026 2:38:05 PM

CCJ Wave Count Update. Wave (v) of Minute Wave (circle) v of Minor Wave 3 I in play with a target range of 135 - 144. Breeze

[#Breeze] URA Wave Count Update. Wave (v) of Minute Wave (circale) iii is in play with a t...

#Breeze — 4/22/2026 2:20:32 PM

URA Wave Count Update. Wave (v) of Minute Wave (circale) iii is in play with a target ranges of 71 - 77. Breeze

[The Barracuda™] CCJ , holy phuck

The Barracuda™ — 4/22/2026 2:08:01 PM

[#Breeze] The Elliott Wave Theory is fundamentally based on investor sentiment and mass ps...

#Breeze — 4/20/2026 8:48:49 AM

The Elliott Wave Theory is fundamentally based on investor sentiment and mass psychology. It posits that financial markets do not move randomly but in repetitive cycles (waves) that reflect the natural ebb and flow of human emotions—specifically the swing between optimism and pessimism.

Why Sentiment Drives the Waves

Crowd Behavior: The theory assumes that market participants collectively follow recognizable patterns of behavior, moving from extreme pessimism (market bottoms) to extreme euphoria (market tops).
Response to News: According to Elliott Wave International, markets respond inconsistently to outside events (like GDP or wars) because it is the internal psychological state of the crowd that ultimately determines price action.
Predictable Cycles: Because human nature remains largely unchanged, the patterns created by these psychological shifts—such as the standard five-wave impulse and three-wave correction—tend to repeat over and over again.

Psychological Characteristics of the Waves
Each stage of an Elliott Wave corresponds to a specific "personality" or sentiment profile:

Impulse Waves (1, 3, 5): These represent growing optimism and bullishness. Wave 3 is often the strongest, driven by widespread conviction, while Wave 5 often occurs during a period of peak euphoria and speculative excess.
Corrective Waves (A, B, C): These coincide with uncertainty, anxiety, or disillusionment as investors begin to take profits or fear a reversal."

The fractal nature of Elliott Wave Theory is what distinguishes it from other wave-based market theories, like Dow Theory.

How the Fractal Structure Works
A fractal is a mathematical structure that repeats itself infinitely at increasingly smaller or larger scales. In Elliott Wave analysis, this is often called "waves within waves".

Self-Similarity: Just as a branch of a tree looks like a miniature version of the whole tree, a small 5-wave impulse on a 1-minute chart is identical in structure to a 5-wave impulse on a monthly chart.
Subdivisions: Every major "motive" wave (the ones moving with the trend) is actually composed of five smaller-degree waves. Likewise, every "corrective" wave is made of three smaller waves.
Infinite Nesting: This pattern continues indefinitely. A single complete cycle (one 5-wave move up and one 3-wave move down) becomes just "Wave 1" and "Wave 2" of an even larger cycle.
YouTube +4

Why This Matters to Traders
This fractal property allows the theory to be applied across any timeframe, from high-frequency day trading (minutes) to long-term investing (decades).

Traders use "Wave Degrees" to keep track of these nested levels, with names like:

Grand Supercycle: Spanning centuries.
Primary/Intermediate: Spanning months to years.
Minuette/Subminuette: Spanning hours to minutes.

By identifying the fractal level, a trader can understand if a short-term price drop is a major reversal or just a tiny sub-wave correction within a much larger upward trend.

Fibonacci ratios provide the mathematical "ruler" for Elliott Wave Theory, allowing traders to project where a fractal wave is likely to end with surprising precision. These ratios help determine both retracements (how far a pullback goes) and extensions (how far a trend move continues).

1. Predicting Corrective Pullbacks (Retracements)
Traders use Fibonacci retracements to find the "bottom" of a counter-trend move before the main trend resumes.

Wave 2: Typically retraces 50% to 61.8% of Wave 1. A deep pullback here is common as investors are still skeptical of the new trend.
Wave 4: Usually shallower, often retracing only 23.6% to 38.2% of Wave 3. Since Wave 3 is powerful, the subsequent "profit-taking" phase (Wave 4) is often brief.
Wave B: In an A-B-C correction, Wave B often retraces 38.2% to 50% of Wave A.
LuxAlgo +6

2. Projecting Trend Targets (Extensions)
Extensions help predict the peak of an impulsive move.

Wave 3: As the strongest move, it often extends to 161.8% of the length of Wave 1. In highly aggressive markets, it can reach 261.8%.
Wave 5: This final push often equals the length of Wave 1 or travels 61.8% of the total distance of Waves 1 through 3.
Wave C: In a standard zigzag, Wave C is frequently 100% (equal) to Wave A or reaches the 161.8% extension of Wave A.
LuxAlgo +7

3. The "Golden Ratio" and Confluence
The most critical ratio is 1.618 (the Golden Ratio). When multiple Fibonacci targets from different wave degrees align at the same price point, it creates a confluence zone. Traders view these zones as high-probability turning points where the "fractal" cycles of different sizes are completing simultaneously.
CWCOUNT +3

Wave Common Fibonacci RelationshipPurpose

Wave 2	50% – 61.8% of Wave 1	Entry point for Wave 3
Wave 3	161.8% of Wave 1	Primary profit target
Wave 4	23.6% – 38.2% of Wave 3	Entry point for Wave 5
Wave 5	61.8% of (Waves 1+3)	Final trend exit

I've invested in gold/silver miners that had great looking wave and achieved projection only to be acquired by a larger miner. I've then wave counted the aquifer to access its wave count and access how it reacted after prior acquit ions. It takes time to digest and integrate and acquisition and investors in the acquire my not like dilution or impact to the financial health of the acquire thus become "pessimistic" and sell.

Got it?

[jazzlover2] Hi Breeze. I'm wondering if a wave count is negated after a company "changes di...

jazzlover2 — 4/19/2026 9:26:10 PM

Hi Breeze.

I'm wondering if a wave count is negated after a company "changes direction" if you catch my drift. UROY may have those future projections, based on past wave counts, but in the future it will be a very different company so are you confidant that those wave counts still stand?

In other words, would say your MSFT future wave count prediction become invalidated or reset if MSFT is sold to say some big real estate company, a company with very different wave counts?

Just wondering how it works. Thanks.

[The Barracuda™] While waiting for this evenings open, here is a woman asking uncomfortable quest...

The Barracuda™ — 4/19/2026 4:13:47 PM

While waiting for this evenings open, here is a woman asking uncomfortable questions in an uncomfortable way

[X]

LETA POWELL DRAKE was a Nebraskan celebrity interviewer who in her 1970's & 1980's pomp more often than not left her subjects staring wide-eyed in disbelief at what the fuck she’d just said. pic.twitter.com/higSDXyOBO
— Michael Warburton (@For_Film_Fans) April 19, 2026

[/X]

[sixty2nds] The founders have definitely ceded control to Orion and Teachers given their com...

sixty2nds — 4/19/2026 6:58:14 AM

The founders have definitely ceded control to Orion and Teachers given their combined 59% control.

I'm going to hold and observe...

Cheers,
60

[jazzlover2] Thoughts from ceo.ca I dont like the deal: -From no debt to significant debt (i...

jazzlover2 — 4/18/2026 11:41:22 PM

Thoughts from ceo.ca

I dont like the deal: -From no debt to significant debt (incl. interest payments) -Selling most of their uranium up to end of April at actual price -No synergies (not even on G&A) -PE (Orion) in driver seat with potential divest target in 1-3 years -Most likely additional debt necessary for transaction -Change focus (Uranium becoming the side story) Maybe a good deal for institutionals and PE but not for retail. Very strange shift in strategy and not what i invested into in the first place.

[jazzlover2] Thank you for that. Alan Watts-Waves youtube.com youtube.com

jazzlover2 — 4/17/2026 12:43:53 AM

[#Breeze] I just count the waves as they unfold. :))

#Breeze — 4/16/2026 11:07:56 PM

[jazzlover2] My oh my !!! [youtube video]

jazzlover2 — 4/16/2026 10:00:19 PM

[#Breeze] UROY Wave Count Update. Minute Wave (circle) iii is in play with a target of 9.5...

#Breeze — 4/16/2026 9:45:22 PM

UROY Wave Count Update. Minute Wave (circle) iii is in play with a target of 9.53. Breeze

[#Breeze] UUUU Wave Count Update. Minor Wave 5 of Intermediate Wave (1) is in play. Typica...

#Breeze — 4/16/2026 9:24:50 PM

UUUU Wave Count Update. Minor Wave 5 of Intermediate Wave (1) is in play. Typical obj is the 61.8% price extension but the fifth sub-wave has been tagging the 100% price extension. Breeze

[sixty2nds] I'm liking this move by UROY. A LOT. The cash flow lays down a base. Soda Ash ...

sixty2nds — 4/16/2026 6:12:21 PM

I'm liking this move by UROY.

A LOT.

The cash flow lays down a base.
Soda Ash is an important base ingredient this is a major deposit with very long life.

The Wyoming land package is a plum going forward.
I like Orion.
They are Long Term Operators, Experienced Veterans playing the long game here.

Here is the PR from the UROY website.

Cheers,
60

uraniumroyalty.com

[jazzlover2] Not sure if I like this or not. stockwatch.com!URC-3807333/C/URC Uranium Royal...

jazzlover2 — 4/16/2026 2:07:20 PM

Not sure if I like this or not.

stockwatch.com!URC-3807333/C/URC

Uranium Royalty Corp URC-T wanting to merge with US private royalty company Sweetwater Royalty (mostly soda ash revenue) with the new company to be domiciled in the USA, in a combination of cash and shares.

Canadian URC shareholders have the option to receive exchangeable shares in a Canadian subsidiary, I presume to maintain Canadian property as per CRA, although I'm speculating on that part.

[The Barracuda™] Uranium AGE charting porn [youtube video]

The Barracuda™ — 4/16/2026 12:48:52 AM

[The Barracuda™] ASPI [graphic]

The Barracuda™ — 4/15/2026 7:57:02 AM

ASPI

[DinoNavarre] Tufan

DinoNavarre — 4/13/2026 7:51:39 PM

[nicewatch] Inside the NRC's Transformation: What We Heard on the Call and Why It Matters Th...

nicewatch — 4/13/2026 12:03:16 PM

Inside the NRC's Transformation: What We Heard on the Call and Why It Matters The Hoot this Week: 10th April 2026

Ocean Wall Apr 13, 2026

The US Nuclear Regulatory Commission (NRC) convened a public meeting this week to present and take comment on SECY-26-0034, a staff paper setting out regulatory pathways and licensing readiness for near term large light water reactor deployment.

Every new reactor built in the US must be approved by the NRC before construction begins. Historically that process has been slow, unpredictable and expensive, and is widely cited as the single biggest non-construction risk to nuclear project finance. This meeting was a direct address of that problem.

The session was led by Michelle Samson, Division Director of the Division of New and Renewed Licenses, and Jason Carniell, Project Manager in the Office of Nuclear Reactor Regulation. Industry participants included representatives from NEI, NuScale, ClearPath and Elemental, with BWXT and the Breakthrough Institute also in attendance. Approximately 75 people joined the call.

The NRC is operating under explicit political pressure to move faster. The ADVANCE Act, passed by Congress in 2024, and a series of executive orders from the Trump administration have directly instructed the agency to streamline its processes and reduce licensing timelines. For an agency whose large reactor licensing framework has been largely unchanged since 1989, this represents a significant shift in both culture and mandate. The public meeting format, presenting an internal staff paper to open industry comment rather than directing it solely to the Commission, is itself a signal of that shift.

Though the paper and meeting focused primarily on large light water reactors, participants raised and the NRC confirmed that the same streamlined timelines, licensing efficiencies and construction oversight framework apply equally to other certified designs, with NuScale’s SMR specifically discussed.

The broader implication is that the regulatory infrastructure being built here is not technology specific. It sets the template for how the NRC intends to handle all new nuclear licensing going forward.

What the NRC Actually Said

The session focused on three themes:

1. An 18-month target for reviewing new reactor applications. This is a material compression from historical timelines, which have stretched to a decade or more in some cases. The NRC presented this as a firm target rather than an aspiration, citing both the ADVANCE Act and recent executive orders directing the agency to move faster.

2. Mapping out a clear approval route for every foreseeable project scenario. Several categories of potential new nuclear projects exist in the US: brand new sites, partially built projects that were abandoned, approved projects that never broke ground, and withdrawn applications. The NRC has now published a specific recommended pathway for each, removing the ambiguity that has historically made financing these projects difficult.

3. Which construction and procurement activities can begin before a licence is formally issued. Given that some of the most critical components take the better part of a decade to manufacture, the ability to secure and start construction early could take years off project timelines.

AP1000 remains THE design

The AP1000 design produced by Westinghouse is the only large reactor design to have been built and commissioned in the US in the modern era, with two units at the Vogtle plant in Georgia entering service in 2023 and 2024 respectively. That makes it the closest thing the US nuclear industry currently has to a proven, repeatable product.

On 27th March 2026, Westinghouse formally filed to update the AP1000’s regulatory approval to incorporate all changes and lessons learned from the construction of Vogtle. Once approved, any future builder using an AP1000 will have those lessons embedded in the baseline design from the outset, with no need to file dozens of individual amendments. The NRC confirmed at the meeting that it has already received one new AP1000 licence application.

VC Summer a focus point

Two AP1000 reactors at the VC Summer site in South Carolina were abandoned in 2017 after a contractor bankruptcy and cost overruns, with substantial civil and structural work already in the ground.

In December 2025, South Carolina’s state owned utility Santee Cooper signed an MOU with Brookfield Asset Management to assess completing the two units, with Brookfield required to determine initial feasibility by June 26, 2026. Brookfield is also the majority owner of Westinghouse.

The NRC’s openness to flexible restart pathways, signalled at this meeting, adds further regulatory momentum to what is already a live commercial process.

The Supply Chain

Every new nuclear plant requires the same set of highly specialised components: pressure vessels, pumps, valves and large steel forgings that can only be manufactured by a handful of certified facilities worldwide, concentrated in Japan, South Korea, France and China, with capacity remaining limited in the US. Even when a supplier is contracted, there is then a lead time of 24 to 60 months for critical components.

The problem until now has been a legal one. Under US nuclear law, the formal manufacturing process for these parts cannot begin until a licence applicant has been identified. In other words, you cannot start building the components until the paperwork is already underway. The NRC is moving to change that, with guidance due in September 2026 that will allow fabrication to begin earlier in the process.

For a sector where critical components carry multi-year production lead times, bringing that start date forward materially compresses the overall timeline to getting a plant on the grid.

[Gib Bogle] Lucijan Valkovic talks to Mark Chalmers, who is stepping down as CEO of EFR/UUUU...

Gib Bogle — 4/10/2026 4:38:15 PM

Lucijan Valkovic talks to Mark Chalmers, who is stepping down as CEO of EFR/UUUU:
youtube.com

[Gib Bogle] Rick Rule and Lobo Tiggre talk about the war and metals. From 22:27 the subject ...

Gib Bogle — 4/9/2026 2:11:47 AM

Rick Rule and Lobo Tiggre talk about the war and metals.
From 22:27 the subject is uranium.

youtube.com