Hello my dear friends,
the news of the day for uranium comes from Niger where we saw attempted coup underway as President Mohamed Bazoum was being held by members of his guard.
I believe that the situation will normalize very quickly, and I do not see that there could be an escalation. I have made a contact with Global Atomic IR. They relesed a press release where Stephen Roman, President & CEO, stated, “The event in the capital early today involving a small group of militants had no impact on Global Atomic’s activities nor the advancement of the Dasa Project by the Company’s subsidiary SOMIDA. We have been in touch with our teams both in the capital and at the Dasa Project site, who report that all is calm and it is business as usual. We will continue to monitor the situation and will inform shareholders of any material changes.”
Few minutes a go I have finnished my interview with Nick Hodge where we discussed 80% about #uranium. Here is the video.
Btw. John Borshoff form Deep Yellow $dyl confirmed he is comming to my show so if you have any questions for him feel free to send them to me.
Enjoy this content.
MARKET DATA
📝 US/CANADA URANIUM STOCKS PERFORMANCE
📝 AUSTRALIA URANIUM STOCKS PERFORMANCE
Out of the 41 #uranium / #nuclearenergy related #stocks listed in #Australia,
17 finished in green territory,
13 stocks flat ,
11 stocks finished in red territory.
The winner of the day is Valor Resources with 25.00% gain and loser of the day Eclipse metals with 15.00% loss.
INDUSTRY NEWS
📝BWXT to begin work on cislunar nuclear rocket engine and fuel
The USA's Defense Advanced Research Projects Agency (DARPA) has finalised an agreement with Lockheed Martin to begin work on the fabrication and design of an experimental nuclear thermal rocket and its engine. BWX Technologies, one of Lockheed Martin's partners in the effort, will develop the nuclear reactor and fabricate the HALEU fuel.
Source:https://www.world-nuclear-news.org/
📝Dome hoisted into place on Xudapu 3
The dome has been hoisted into place on the reactor building of Xudapu unit 3 in a single stage process, six months ahead of schedule, with China National Nuclear Corporation (CNNC) describing the project as "a model of global energy cooperation".
Source:https://www.world-nuclear-news.org/
📝MHI to lead development of Japanese HTGR
Japan's Agency for Natural Resources and Energy - part of the Ministry of Economy, Trade and Industry - has selected Mitsubishi Heavy Industries (MHI) as the core company to lead the development of a high temperature gas-cooled reactor (HTGR) programme.
COMPANY NEWS
📝 Denison Mines and CanAlaska Uranium Reports Higher Grades of Unconformity Uranium Mineralization at Moon Lake South
Assay results have been received from the 2023 winter drill program completed by the Moon Lake South Joint Venture ("MLSJV"). Geochemical assay results returned a high-grade intersection grading 2.46% U3O8 over 8.0 metres, including 3.71% U3O8 over 4.5 metres in drill hole MS-23-10A. Additionally, the Company is pleased to report that the MLSJV has doubled the 2023 exploration budget with the approval of a newly planned supplemental drill program that will test for extensions of the high-grade uranium mineralization intersected this winter. The MLSJV is 75%-owned and operated by Denison Mines Corp. ("Denison"), and CanAlaska holds a 25% ownership
📝 GTI Energy completes acquisition of uranium geophysics data
Company has completed the data acquisition phase of a series of aerial geophysical surveys over its Wyoming in-situ recovery (ISR) uranium projects, specifically Lo Herma, Green Mountain and Loki West. The data includes detailed radiometric, magnetic and electromagnetic information which will allow GTI to refine targets for drilling programs. Final interpretations by the company are expected to be available in September.
Wyoming’s Department of Environmental Quality’s Land Quality Division also approved the release of a A$489,099 drilling bond back to the company.
GTI recently declared the maiden uranium resource at the Lo Herma Project in Wyoming’s prolific Powder River Basin uranium production district.
TECHNICAL ANALYSIS BY @USELINK
Kasper provided some great charts foe Fission Uranium $fcu.
Take a look.
FCU 1D
FCU 1M
Thank you for your attention.
triANGLE INVESTOR
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