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IsoEnergy Ltd. (ISO.V)

TSXV - TSXV Real Time Price. Currency in CAD
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4.2600-0.4400 (-9.36%)
At close: 3:59PM EST
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  • J
    This stock can REALLY move!!
  • w
    My theory is a price trigger was hit initiating a sale and algos took over from there.
  • w
    Wow, beast mode now. GLTA.
  • m
    Should have bought yesterday
  • G
    Volume through the roof. Bought this stock because Matt McCall mention it about 9 months ago that while on Vacation he had a few drinks with some people who knew about the company and that demand for uranium would go up. Holding.
  • N
    Short term contracts through Carry traders will most probably be more difficult in the coming years

    Carry traders get their uranium mainly from the spot.

    Important uranium producers of the spot decreased their supply to the spot (Uranium One due to Covid 19 shutdowns in Kazakhstan (99,70% of Uranium One production comes from JV's in Kazakhstan!)), or even stopped supplying the spot and became net buyers on the spot (Kazatomprom (new policy of the company)).

    Other uranium producers are net buyers on the spot since +-2017 (UR-energy), since early 2018 (Cameco, Peninsula Energy, ...)

    And based on the mining portfolio of Orano and the uranium loan of +- 5million pounds they made when McArther River was put in care-and-maintenance, I presume Orano also became net buyer on the spot (but that last point is an own interpretation of the situation of Orano, the rest are published facts

    In the meantime the supply to the spot from the Ranger mine ends early 2021 and Olympic Dam cancelled the idea to increase their production (uranium as a by product for the spot).

    Rossing Mine in 2019: 75% of production solde through LT contracts and 25% to the spot. But after the successful acquisition of Rossing mines by CNNC (25 July 2019) those 25% that went to the spot in the past, will most probably go to CNNC now to supply their existing reactors and future new reactors... Again, uranium supply that will cease to supply the spot (imo)

    Carry traders need uranium producers for their uranium needed to honor their supply contracts. Kazatomprom was very clear early 2020: "We are not supplying the spot anymore."

    Tik tok tik tok carry traders

    $CCJ $UUUU $URG $DNN $NXE $FCU ...

    Note: I like IsoEnergy as an owner of shares of IsoEnergy, Nexgen ("parent") and Mega Uranium (important stake in Nexgen)

  • G
    Beautyfull stock! Very bulish about Uranium. Iso is here to stay and grow big. I think 500 mil market cap by the end of feb 2021. That will be a stock price of $5,45
  • N

    Nexgen own 52,5% of IsoEnergy and Mega Uranium is an important shareholder of Nexgen. Nexgen is the largest investment of Mega Uranium.

  • L
    Picked up some today for a nice bargain! If weakness continues, buying at 200D EMA would be ultimate value, doubt we go that low, though.
  • j
    Anyone know why the big move? Can’t see any news release today.
  • A
    That late drop had to be part of an etf rebalance.
  • X
    Hi, Is this a subsidiary of NextGen? The ticker doesn't show up on Fidelity...? Thanks
  • L
    Why the sudden drop?
  • M
    next stop $3
  • L
    Bonanza grade and thickness of mineralization announced today. Shallow in relative terms compared to other undeveloped projects in the Athabaska. This could grow into another monster deposit
  • M
  • M
    added to position today
  • M
    gonna be a big move up today
  • S
    looks like a good buy on dip. On my watclist for Monday/Tuesday.