Uranium Report + Baselode CEO Interview - Wedneday, June 14, 2023
Greetings my friends,
most of the uranium stocks finnished in red today, due to a general markets sell off with news that the Federal Reserve kept rates steady, but leaned far more hawkish than many had expected, forecasting two more hikes ahead as inflation continues to run above target.
This news has no major importance for uranium stocks so I believe in recovery day tomorrow. Looks like Zuri could activate any day as it is now listed on a Swiss financial website where AMC fund data and charts are provided.That will bring us some life for sure.
I have finnished an excellent meeting with James Sykes, Baselode Energy CEO.
As I promised, my interviews will be seen first by my subscribers and you can see it at the bottom of this blog.
Please leave the comments and likes in the video (if you like it).
📝 US/CANADA URANIUM STOCKS PERFORMANCE
10 finished in green territory,
25 stocks flat
41 stocks finished in red territory.
The winner of the day is Searchlight Resources with 14.25% gain and loser of the day is Basin Uranium with 20.00% loss.
📝 AUSTRALIA URANIUM STOCKS PERFORMANCE
8 finished in green territory,
12 stocks flat ,
21 stocks finished in red territory.
The winner of the day is Advale Resources with 30.77% gain and loser of the day Emperor Energy with 15.38% loss.
📝USNC delivers TRISO particle fuel to NASA
Ultra Safe Nuclear Corporation (USNC) has delivered uranium nitride coated uranium oxycarbide tristructural isotropic (TRISO) fuel to NASA's Space Nuclear Power and Propulsion programme. The company says this demonstrates the "flexibility, precision and value" of its Pilot Fuel Manufacturing Facility (PFM).
📝 Rolls-Royce SMR puts case for producing hydrogen
UK-based Rolls-Royce SMR says a joint feasibility report produced with Sumitomo Corporation shows its small modular reactors have an advantage over other available sources for the production of hydrogen.
📝Orano, Mitsubishi agree on transport package pooling
The innovative package-sharing service is modelled on car-sharing, and will provide a simplified and competitive way of managing the transport of enriched uranium hexafluoride (UF6) using DN30 transport casks, Orano said.
📝 Slovakia submits bid for SMR feasibility study funding
The Ministry of Economy and Slovenské elektrárne have signed a memorandum of cooperation with a range of partners in the energy field to support the development of small modular reactors (SMRs) in Slovakia, including applying for funding from the USA's Project Phoenix.
📝Consolidated Uranium to Acquire the Past Producing Huemul Uranium-Vanadium-Copper Project in Argentina
Consolidated Uranium (TSXV: CUR) (OTCQX: CURUF) announced today that it has entered into two purchase agreements to acquire 100% of the Huemul-Agua Botada Uranium-Vanadium-Copper Mine (" Huemul ") and surrounding prospective ground totalling ~27,350 hectares located in the Malargüe department of southern Mendoza province, Argentina (Figure 1) (collectively referred to as the "Huemul Project" ). Huemul was Argentina´s first producing Uranium mine and operated between 1955 and 1975, recording approximately 500,000 pounds of historical U 3 O 8 production before it closed in 1976
📝 Basin Uranium Announces Proposed Share Consolidation
Basin Uranium Corp. (CSE: NCLR) (OTC Pink: BURCF) (FSE: 6NP0) ("Basin Uranium" or the "Company") announces that it intends to consolidate its common shares (the "Common Shares") on a four (4) to one (1) basis (the "Consolidation"). The Consolidation has been approved by the Directors of the Company, in accordance with the Articles of the Company.
The Company currently has 43,393,517 Common Shares issued and outstanding. Following the completion of the Consolidation, the Company is expected to have approximately 10,848,379 Common Shares issued and outstanding, subject to rounding for fractional Common Shares. The exercise price and number of Common Shares issuable upon the exercise of the Company's outstanding options and warrants will also be proportionally adjusted upon completion of the Consolidation.
Baselode Energy $find interview
Thank you for your attention.
IMPORTANT DISCLAIMER: None of this content is a financial advice of any kind or solicitation to buy or sell any equities or other financial products. This contetnt is only for educational and/or entertainment purposes. Do your own deep research before making any financial decisions. I may own stocks mentioned in this content.
Investment in stocks can lead to a big financial loss so do not invest or listen to any advices before you consult your financial advisor.