60-Day Review & Big SPUT Raise
Top Must-Reads & Big SPUT Raise...Now What?
Golden Rock Research has survived its first 60 days and wanted to thank all of you who are following along our work as it cannot exist without your interest and support. We wanted to recap some of our posts so far, especially for new readers who may have missed them. Our intention is to produce high-quality research and analysis for serious investors who really want to understand the ins and outs of the uranium market.
As discussed over the past several weeks, we have spent a lot of time going through the fundamentals, particularly supply/demand along with some re-stocking scenarios that really highlight the imbalances in the late 2020s and especially the early/mid-2030s where uncovered requirements for utilities grow substantially. Below are what we believe to be the most important fundamental research posts we’ve shared so far:
Deep Dive #1: Kazakhstan Supply (Free)
Deep Dive #7: Q2 Supply/Demand Model (Paid)
Deep Dive #8: Global Inventories, Part 1 (Paid)
On the analysis and commentary side of things, below are some of the most relevant posts we have written or recorded which we encourage all subscribers to review if they have not already:
Introduction to Golden Rock & Some Market Thoughts (Free)
Concerns in Kazakhstan (Free)
SPUT Raises $25.55M at NAV (Free)
Big SPUT Raise…Now What?
Our job is to always be trying to stay one step ahead of the market and consensus views. As talked about in our ‘SPUT Raises $25.55M at NAV’, post we warned that any entity trying to bet against SPUT needed to reassess their views since the May 12th private placement. As we all know, just over a month later, they announced the $200M bought deal from Canaccord Genuity. As of this writing, SPUT sits on ~$159M after procuring 650K-lbs last Friday, June 20th and another 300K-lbs on Tuesday, June 24th.