David Smiley

@ekwufinance @quakes99 The 2014 peak was 5 million pounds. Even if the U.S. get back to that number (which they should) they still require 90% imports.

US uranium production has collapsed. - US uranium production is ~80% below its 2014 peak - Uranium accounts for ~20% of US electricity generation In other words, roughly 20% of US electricity generation is now almost entirely dependent on imports. The US must boost domestic uranium supply.

@FoodProfessor @JLBroomes Leverage is energy, uranium specifically.

@JLBroomes The U.S. owns 34% of the global economy, which is more than 10 times what Canada has. So, what's our leverage? Do the math. The U.S. can do things we can't. It's that simple.

I teach in the U.S. from time to time. Been told by some influential people there to tell my Canadian friends to pay close attention to what Scott Bessent says — not Lutnik, not even Trump. This is Bessent on ABC today, speaking about CUSMA.

@EdLatimore The satire of Robocop is great. A Paul Verhoeven classic.

Two classics I haven't seen. I'm going to pick one to watch this weekend. Conan The Barbarian or Robocop?

@KingKyl77163233 @ErezShapira Not going to happen. Read the history of the Sunday Mine complex and EFR's previous ownership. They aren't buying it back.

@ErezShapira $WUC $WSTRF with uranium and vanadium resources could be key secondary beneficiary. M&A with $UUUU $EFR strengthened by this pact

The critical minerals agreement signed by President Trump and the Australian Prime Minister is set to supercharge the domestic US resource sector. Energy Fuels $UUUU isn't just positioned to benefit—they are the blueprint for this strategy. A thread. 🧵👇 1/ The Strategic Pact 🇺🇸🇦🇺This agreement is a direct response to geopolitical realities, aimed squarely at creating secure supply chains for minerals essential for defense and energy. The core objective: break the reliance on China by building a resilient Western mineral alliance. This is a declaration of resource independence. 2/ Why Energy Fuels UUUU is the Epicenter Energy Fuels is a trifecta of assets directly targeted by this agreement: Uranium ☢️: The largest #uranium producer in the U.S. Vanadium: A key U.S. producer of this designated critical mineral. Rare Earths (REEs) 🔋: A pivotal and growing force in the domestic REE processing supply chain. 3/ The Australia Connection is ALREADY BUILT 🇦🇺➡️🇺🇸This is the key. The new US-AUS pact perfectly overlays UUUU's existing strategy. They have a major JV with Australian company Astron Corp. (ASX: ATR) to develop the Donald Mineral Sands project, a world-class REE and minerals deposit. 4/ A Ready-Made "Mine-to-Mill" Supply Chain The JV is simple & powerful: MINE: REE-rich monazite is extracted by Astron in Australia. SHIP: Concentrate is shipped directly to the U.S. PROCESS: UUUU processes it into high-purity rare earth oxides at its White Mesa Mill in Utah. This isn't a future plan; it's an existing framework the new pact will pour gasoline on. 🔥 5/ Uranium & Vanadium Strengthened While the REE angle is explosive, don't forget the core business. The pact's focus on secure energy reinforces the need for non-Russian Uranium, and the emphasis on critical minerals boosts the outlook for US-produced Vanadium. UUUU wins on all fronts. 6/ Investor Takeaway The U.S.-Australia agreement is a massive de-risking event for UUUU. It validates their international partnership strategy and provides a powerful sovereign tailwind. The Astron JV is tangible proof that Energy Fuels is years ahead of the curve, making them the premier vehicle to play this unstoppable geopolitical trend.

@jaysonst Or maybe don't put the pitcher in who has a 6 plus ERA over his last 21 outings in a 1 run ballgame against the best part of the lineup. It's not second guessing, it's incompetence.

“Could have done that.” The manager’s dilemma. Every night. Ken is all over it.

@bnicholsonsmith This is what he was hired for. Let's see if he can deliver.

This will be the 500th career MLB start for Max Scherzer, counting regular season & post-season. Since 2000, three others have done so: Verlander (592), Sabathia (583) & Greinke (562). Jays are the 6th team Scherzer has appeared with in the post-season (DET, WSH, LAD, NYM, TEX)

@TheWealthMiner I look at Energy Fuels, and how it's taken them 5 years to get to this point with their REE initiative. Forget about permits, what about expertise? It will take years to regrow an industry from virtual nil.

@Mark_IKN How to hedge: Take the juicy dividends from $AFM and put into leveraged gold ETFs. Works for me so far.

How to make a small fortune in tin: Refuse the opportunity to make a real fortune in the most obvious mining trade of the last decade, put your money into the #mintwit moron pump on Alphamin $AFM.v, led by noisy nefarious bagholders looking for idiots to bail them out. e.g. you.

@rekurencja I don't think they'll have problems raising money. Execution, still up in the air. It's a lot to pull off quickly.

If $UUUU successfully executes in the next couple of years*, I genuinely believe that Mark Chalmers and his team will be remembered as some of the best mining managements of the last couple of decades *which won't be easy since they need to build or expand 3 operations on 3 continents and spend $1.5-2B dollars

@toiletkingcap Ride or die, baby!

help me fintwit. do I buy the dip on the undervalued PM miners or cut losses and follow the trend

@KeeganMatheson I disagree.

Aaron Boone on #BlueJays bench coach (and Yankees legend) Don Mattingly: "He was one of my favorite players in the '80s when I was growing up." "[He] has the utmost respect from so many people ... The way he treats people, you'd be hard pressed to find a bad word about Donnie."

@rekurencja What do you think is their incentive to do this?

Let's be clear, EIA is doing sketchy things when counting US commercial inventories: 1) They include inventory of US based brokers and traders(!) 2) They include inventory owned by US producers(!) 3) Speculation: Are they by any chance counting inventory owned by SPUT, stored at ConverDyn/Urenco as "available inventory"?! Looking at SPUT purchases 2021-2024 and assuming roughly even split between Canada, US, France locations, numbers weirdly check out 😅 It's obvious that this 35Mlbs U3O8eq is NOT readily available to US utilities even if it's on US-soil/owned by US entities. EIA is doing their best to make the situation look safer than it really is for US utilities.

@badcharts1 In fairness, some choices of passion are not easily monetized. Congrats on being able to retire and following your own path.

Already 3 years since I retired from my IT career to focus just on charts! Doing what you love & have a passion for is rarely a wrong thing to do. On the contrary, it permits you to put the thousands of hours necessary to keep perfecting your craft. I wish this for everybody!

@PierrePoilievre Bureaucracy begets more bureaucracy.

Mark Carney is spending $13 billion on a housing program that at best will consist of a small number of high-priced shoebox rentals owned by the government & multinational landlords. He expects you to own nothing and be happy. He needs to get out of the way and let builders build, to restore the dream of home ownership.

@smallcapsteve This is why I started buying leveraged gold etfs...it's going to get much worse.

@darthmcqueen They have completely lost sight of the money they allocate. We are so cooked.

Another day, another questionable use of taxpayer money.... Canada spent $8.2M to promote gender equality in Vietnam's rice industry. How do you even measure the impact of this?

@bruce_arthur @matthewstoller If these requests were illegal, why were they not reported to the league earlier?

In 2019 Kawhi Leonard’s uncle asked the Raptors for a piece of the Leafs and a Paul George trade, but also for two big extras: no-show sponsorships, and ownership shares in outside companies. Which he seems to have gotten with Aspiration, and the Clippers. thestar.com/sports/raptors…

@rekurencja @goldenrock235 Let's see Amir actually build something functional first.

Curious to read @goldenrock235 view on this announcement 🙏

Smart move by $UEC. They know they are richly valued by the market and instead of going on an M&A spree they appear to try go where nobody else is going: UF6 conversion. If you believe, like I do, that the West has a conversion capacity problem, any investment going into this part of the fuel cycle is very bullish. Even just the publicity Amir generated with this move is positive. They also appear rather serious about the project. Creating a line of sight for more conversion going online by the end of this decade, could remove one source of uncertainty stopping the utilities from contracting at larger scale in the time horizon 2030+ where the bulk of uncovered demand sits.

@FreiburgCoffeeC @NewUraniumHope Energy Fuels used to own the Sunday Mine complex and sold it to WUC. Why would they reacquire it? They need about 1B for all the Mill upgrades and their portions of their rare earth projects. They've been strategic in which assets they've sold. That aren't buying WUC.

@NewUraniumHope The whole Sunday Mine Complex has 3 million lbs of total measured + inferred resources. It's also not that big of a deposit, but it would give Energy Fuels more time to figure it out.

1/ 🚨 Energy Fuels Deep Dive — The U.S. Uranium Wild Card A thread on their production reality, mill capacity, and what could make or break their role in the uranium bull market. 🧵 $UUUU $EFR #Uranium #NuclearEnergy #Commodities

@rekurencja Body language says otherwise about her conviction.

I'm gonna keep using this clip forever, when shitposting about natural resources stocks. Ms Kjirstin Breure, Thank You! 🙏