Derek Quick

While I wait for Uranium to do its thing $META has caught my attention. 2015 valuation today although they are still bringing in $100 billion more dollars a year vs 2015. lowest price to discounted cash of the future ;)Long shares & Long Call Options. #uranium #stock #stockmarket

Sad you missed the AI Semi run? Well quietly another stealth rally Golden Swan event may have already started & the market is too distracted chasing Semis to notice. $NVO This is not 2024 anymore. $LLY • Tirzepatide is already approaching a $51B run rate Oral GLP-1 scale • Semaglutide is already around $33B And this is still early. The entire obesity market narrative is shifting • Insurance expansion • Global penetration • Manufacturing ramp • GLP-1s may help reduce risk across multiple obesity related diseases and health conditions • Consumer adoption a pill vs a shot as most people still think GLP-1s are just injections for weight loss. The real story may be mass scale oral obesity drugs becoming one of the largest pharmaceutical platforms in history. Same day amazon delivery for $25 -$149 a month & viral free marketing. Everyone is looking at AI chips. Very few are looking at the next global healthcare supercycle.

Tomorrow Leopold Aschenbrenner’s Situational Awareness AI infrastructure portfolio reports its 13F. Could be volatile and I think I found what he is buying next with evidence from himself ;) Many are wondering if the fund sold, marking the top of the AI mania. I think the opposite. The mania may have just entered Phase 3. The real AI bottleneck is no longer just chips and infrastructure. It is baseload power. Nuclear Energy & Uranium and I think this could soon be his funds next major investment. He mentioned in 2024 that in order to do the SMR clean Nuclear energy powering trillion dollar data centers we would need basically what we have today. He mentions we would need something like the Advance Act which was signed that turns decades into 18 month licensing for Nuclear. We now have massive U.S. government support, faster permitting process, big investments etc. We have seen the largest companies in the world Like Nvidia working with Oklo to power their centers. Leopold has talked for years about the Manhattan Project - $LEU the descendant from that, national security, U.S. historical Uranium $UEC $UUUU , & the massive energy requirements needed to win the AI race $SMR $OKLO $NNE In his own 2024 paper “Situational Awareness The Decade Ahead,” he projected that by 2030 a trillion-dollar AI cluster in the U.S. could require 100 GW or over 20% of total U.S. electricity production. That is more than the entire current 94 U.S. reactor fleet combined. And on Page 80 Table 5, his model projected that total AI training + inference demand across the industry could eventually approach 100% of current U.S. electricity production alongside trillions in annual infrastructure spending which we are seeing already in phase 1 and 2 but not yet phase 3. Most people laughed at those charts in 2024. Now in 2026 • xAI Colossus • Meta Prometheus • Amazon nuclear-adjacent builds • Google hyperscale campuses are already making parts of his framework look far less crazy. The market understood AI needed chips. That was Phase 1. The market then realized AI also needed • servers • cooling • data infrastructure That became Phase 2. Now comes Phase 3 U.S. baseload power & Uranium & enrichment scarcity U.S. data centers already consume hundreds of TWh annually 5% of current U.S. power and the IEA projects massive acceleration into 2030 that will compete with everything else! Meanwhile grids are hitting • transformer shortages • transmission bottlenecks • permitting delays • power constraints Some AI projects are already being delayed because power simply is not available fast enough. There are also bills out that are aimed to stop these centers because of the demand but the answer to all of the problems are Nuclear SMR's and Uranium. That is why • reactor restarts • SMRs • uranium enrichment • HALEU fuel • domestic fuel security are suddenly becoming national strategic priorities. Most people hear this and think it sounds impossible and will take decades to do BUT. During the 1970s nuclear Energy renaissance, the U.S. built 55 Nuclear reactors in under a decade during an energy crisis with far less technology than today. Currently worldwide 438 reactors operating, 203 planned or under construction, 311 proposed. 39 under construction in China alone. 6 will be operational this year. To meet the demand Now we have • factory-built SMRs • AI optimized infrastructure • advanced manufacturing • coal-to-nuclear conversion pathways • accelerated permitting But the problem is U.S. uranium production and enrichment capacity are still near historic lows and severely underfunded. The long term uranium prices needs to move up. Yet power hungry hyperscalers are already moving • Microsoft TMI restart • Amazon SMR + nuclear agreements • Google Kairos • Meta power procurement spree AI was never just a semiconductor, gas and coal phase. The final phase is baseload power. If the U.S. wants to win the AI race, it needs nuclear, uranium, enrichment, and fuel security at scale. Yet most U.S. nuclear, uranium, & energy companies combined are still smaller than Dogecoin. For now ;) This is why I think there will be a parabolic squeeze for Uranium similar to what happened to the semi conductor stocks. The most alarming data points to the IEA's latest forecast for electricity demand by sector base case 2024-2030 accounts has AI data centers competing with Heavy industry, Appliances, EV's, Crypto mining, space cooling, etc. and this added demand can only be met with hundreds of new reactors in the long run. This is not the only bottleneck squeeze, the most important is the fuel and Uranium used to power the reactors. Today Goldman Sachs revised the total Uranium combined deficit to 2.3 BILLION lb by 2045 as SMR commercialization & global nuclear expansion accelerate. 85 million lbs a year into 2030. The solution? U.S. Uranium production like the 1970s where big oil companies mined 75 million lbs of Uranium in Texas. Currently there is billions of lbs of uranium in the U.S. at known locations but the long term uranium price needs to be $110 to $120 so that companies like $UEC and $UUUU can get into production and meet this demand. U.S. reactors need 50M lbs/year. U.S. producers made <3% of that last year. Sprott Physical Uranium Trust alone now holds over 81 million lbs nearly 2 years of fuel for the entire U.S. fleet. There is a Russian Uranium ban now that really starts to take effect into 2027. What made Leopold’s thesis so important was not just identifying the AI power problem. It was that he identified where the bottlenecks would emerge before most of the market. But his previous investments only solve part of the equation. The final bottleneck is powering all of it at scale. That is where Phase 3 begins SMR Nuclear Energy, U.S. Uranium production, and domestic enrichment capacity. AI scaling is no longer just a semiconductor problem. It is becoming a U.S. energy security problem and soon a world problem. We have the solution- Nuclear. Follow and share for more ;) The full write up with dozens of more charts is in my substack. Including Leopold himself speaking about the nuclear thesis and what it would take. link in my bio.

@KrisPatel99 True, the only good thing I still see with getting a degree at certain universities is the networking, my cousin was a 1990s Harvard & Oxford Rhodes scholar, he got a degree in Prehistoric Archaeology & is now Senior National Managing Director at Bernstein wealth $785 B Aum.

This is because there are plenty of jobs that require a Bachelors degree... regardless of field of study. They logic is... if your disciplined enough to get a Bachelors, your probably a better candidate than someone who doesnt have one. Saw this first hand in the Military. To be an Officer you need a Bachelors degree regardless of time in service. Plenty of great NCO's I served with had plenty of experience leading troops but didn't have a degree required for commissioning. Saw the same in the workplace aswell. Plenty of folks had years of experience but lacked the degree required for a managerial role. I have seen some pushback on this though... People are slowly realizing that just because someone has a piece of paper saying they went to college for 4 years, doesnt mean they are automatically more qualified than someone who might have more experience working in the respective field. This is especially true when the degree is not even in their respective field.

@DudeWhoInvests Stop loss farming as 13F filings start to show rotation out of stocks that ran up 1000s % in a year lol. On to Phase 3 of the energy bottleneck, Nuclear Energy, Uranium & healthcare/ GLP1 ;)

Memory stocks like SanDisk $SNDK are getting pummeled overnight right now… Someone explain to me like I am a golden retriever why this is?? If they fall further the leveraged longs will get wiped causing them to fall more and the cycle will repeat.

@KrisPatel99 Could be ;) ready for phase 3 of the AI play.

Start of a rotation? Feels like it… what’s everyone else thinking? $DRAM $SNDK ?

@EnviWood This is a lie, NuScale $SMR has a NRC certified SMR design. Do more dd paul...

@derekquick1 46GW SMR deployment by 2045 assumes licensing frameworks that don't exist yet. NRC hasn't certified a single SMR design. The demand math works but I'd watch execution timelines more than announcements.

The Uranium & Nuclear squeeze is coming! Goldman Sachs has increased their projected long term uranium deficit forecast again to 2.332 BILLION lb deficit by 2045 as SMR commercialization & global nuclear expansion accelerate. $NNE $LEU $UEC $UUUU $SMR $OKLO According to a new Cailian Press report covering Goldman Sachs global nuclear research Goldman now projects • 46GW of global SMR deployment by 2045 • SMRs adding roughly 62 million lbs of additional uranium demand • Structural uranium shortages persisting for decades • China has 39 reactors under construction, most in the world • The U.S., Europe, Japan, and Canada are extending reactor lives and accelerating nuclear projects • Long term uranium contract pricing continues moving higher • AI power demand is forcing a major rethink around nuclear baseload power The uranium market is tiny. If utilities begin panic contracting into a structural long duration deficit while AI simultaneously drives nuclear demand higher, the move could become violent especially with @sprott physical uraium trust buying & holding 2 years worth of U.S. reactor demand of physical uranium!

@SimonMahan Baseload power is needed, there is billions of lbs of uranium that can be mined in the U.S. we just need $120+ long term uranium prices and more investment into U.S. uranium, this is the solution. 75 million lbs of uranium was mined from Texas alone in the 1970s ;)

Gee, with that short of a deficit, it sure sounds like solar, wind, and batteries, space based solar, geothermal, and fusion are our only hopes in 2045.

@Micro2Macr0 Lets go!

S&P 8000 by End of Year!!! — I’m Calling It Now 📈

@_JoeyCoco_ Almost all real uranium stocks are up 500% to 5000% from 2020 , chill. $UEC has no debt , tons of cash and physical uranium it can sell.

@derekquick1 Uranium stocks are scary... Massive pump and dump histories.

@thereal_willsav Cool story bro, do some dd on how the market and smrs work.

@derekquick1 $SMR made 0.5M in revenue last quarter. Absolutely astonishing stuff

@RockRanta7871 $UEC isr $36 Buy American, not going to rely on foreign uranium anymore.

@derekquick1 south american Cost 25$ African 30-40 $

@RockRanta7871 U.S. has a couple billion lbs of uranium , just need $100+ uranium to mine it. We got this. $UEC $UUUU

@derekquick1 Where is US Miners gonna get all the Uranium from? US / Canadian Companies are up a lot... buy cheap miners in other places Australia. Africa. South America. Buy Low sell High #Uranium

@Jamshidkarimi17 Yeah I remember posting about that too, report from today shows stock bought at lows ;)

@derekquick1 Long time ago he bought UNH bonds as well..

@P4951488 Smart money has been buying.

@derekquick1 What’s your take on the gaps since april?

@elonmusk Won't pass but shows we need small modular nuclear power more than ever to keep costs down and meet the baseload demand!

Hmm