I have grown up watching the greatest. @TonyLapidus takes my breath away. It is mental what he can do.
Comedian DESTROYS Every Triggernometry Guest
Watch the full Episode with @TonyLapidus right here on X.
I had a big conversation about this with a colleague I have had the pleasure of working with at 5 companies since 1998. Growing up in the 1980s, "playing out" was a thing. Fresh air. Exercise. Safety. It's all gone....it's screen time.
The biggest and most consistent #uranium believer. A must follow.
Francis bourgeois is great on #TheGrandTour whilst sounding precisely like Brian Butterfield.
In my world. Challenge me on something significant you fool
I didn’t become Prime Minister to just make a few tweaks around the edges. I want to change the way this country works.
For too long, politics became comfortable with the idea that some things just can't be fixed. People sleeping on our streets. Huge inequalities between different parts of the country. Young people unable to afford a home. Communities watching decisions about their future being taken somewhere else, by someone else.
Governments have talked about those things. They've even promised to fix them. But too often, they've reached the same conclusion: it just can't be done.
I don't accept that, and I never have.
That’s why we’ve invested to offer everyone who needs it a route off the streets by Christmas.
It's why we've announced the biggest council housebuilding programme since the Second World War.
It's why we're opening 159 new mental health centres.
It's why we've finally put technical education on par with the academic route.
It's why we're delivering the biggest transfer of power out of Westminster and into local communities in a generation.
And it's why we opened No10 North too.
Not as another government office. But because I believe one thing very strongly: Britain won't be rebuilt from the top down.
You have to put power back in the hands of the people and places that know their communities best - and then put the full weight of government behind them.
I also want to give people a bit of breathing space too.
That's why we've cut tax on electricity bills, capped bus fares at £2, and made subscriptions easier to cancel.
It’s why we've cracked down on fake discounts and cut business rates for pubs, social clubs and music venues.
And it's why we've extended the 16-17 Saver Railcard and introduced free 24/7 bus travel for disabled people.
That is the change we have started. More power for our communities, more support on the cost of living and a long-term plan to rebuild the country.
Each one of those changes is part of the same thing.
Good growth in every postcode.
Reindustrialising Britain.
And making sure wherever you live - and whatever your background - you feel this country has a future for you.
Because, in the end, that's what this is about: bringing back hope.
He has a point. #uranium
Cameco just posted the August uranium prices and the boring number is getting hard to ignore.
Spot: $89.68/lb
Long term: $96.50/lb
Go back to January.
Spot was $94.28.
Long term was $89.00.
So while everyone has been watching spot bounce around, something very different has been happening underneath.
Since January, spot is down about 5%.
Long-term #uranium is UP more than 8%.
The market has gone from spot trading $5.28 ABOVE long term to long term trading $6.82 ABOVE spot.
That matters.
Spot tells us what a pound costs today in a small, thin market.
Long-term pricing gives us a much better idea of what utilities and producers are willing to agree on for future deliveries.
And right now future uranium keeps getting more expensive.
For utilities, waiting could become costly. Paying $100/lb for uranium hurts a lot less than not having enough uranium to fuel a billion-dollar reactor.
For producers, $96.50 makes good projects more valuable and puts companies with real, uncommitted future production in a stronger negotiating position.
It will also make plenty of bad uranium projects suddenly look “economic” on a PowerPoint.
For investors, that means stock picking becomes even more important.
I care less about who has the biggest resource slide.
I care about who can actually bring meaningful pounds into this contracting cycle, at a good margin, without issuing half the company to get there.
And there is another possible second-order effect:
If future pounds keep getting more expensive, buying an existing permitted project may eventually look a lot more attractive than spending 10 years trying to build one.
That could make the next phase of the uranium bull market as much about M&A and scarce, buildable assets as it is about the uranium price itself.
Spot gets the headlines.
I’m watching $96.50.
Beta_Beaker retweeted
Now this is interesting. Not only the
#Gold story, but the fact that it is being reported by the BBC...
BBC News - Netherlands moves billions in gold to London in 'crisis preparedness' move
bbc.co.uk/news/articles/cvgy…
Agree. Do your research, then go all in.
And wait.
#uranium
