🚨TradeTech also reports that even tho #SPUT did not purchase any Spot #Uranium today there were 4 Spot transactions, each for 50,000 lbs #U3O8, for a total of 200,000 lbs, with 4th transaction at $83.75/lb right at the close.⏫🛒 #SPUT is NOT the only Spot buyer.😊🐂 #Nuclear!🎆

Wow!😲 Traditionally ultra-conservative RBC have turned uber-bullish on #Uranium & #Nuclear #energy in a new 38-page report "Nuclear revival is going to need a lot more uranium -Deep dive into our uranium S&D outlook through to 2040"📗⚛️⛏️ projecting a 50% increase in Uranium demand by 2040: Summary: "As the world re-embraces nuclear energy to meet rising demand for clean electricity, we forecast global uranium requirements grow +50% by 2040. Uranium is currently in short-supply through the late-2020s as a supply response takes time, while increased supply into the early-2030s will only be just enough to cover uranium forecasted needs and comes with significant execution risk. Into the mid-2030s, we see a significant uranium deficit forming due to resource depletion, with projected supply covering just 80% of demand. Given significant tailwinds in nuclear energy, we see a realistic upside demand scenario that would require nearly every advanced uranium project in development to come online." "Uranium prices set to remain elevated through next decade, higher incentive prices needed" 💲📈⛏️ Sections include: 💠Global uranium S&D set to remain tight as demand outpaces supply 💠Uranium demand set to grow, driven by nuclear revival 💠Uranium supply response will take time, comes with execution risk Check it out!🧐 👉app.box.com/s/gs3f3n71woueuf…