We came across a bullish thesis on Energy Fuels Inc. on Arya’s Substack by Arya. In this article, we will summarize the bulls’ thesis on UUUU. Energy Fuels Inc.'s share was trading at $24.16 as of January 27th. UUUU’s forward P/E was 212.77 according to Yahoo Finance. Uranium Energy (UEC) Drops as Traders Cash in on Gains nuclear-2082637_1280 Energy Fuels Inc. (UUUU) is a leading U.S. uranium producer and emerging rare earth elements (REE) supplier, uniquely positioned to benefit from the global nuclear ...

Core Insights - American Antimony Corporation has identified two additional high-grade stockpiles for testing, expanding its near-term ore inventory by up to 13,000 tonnes at the American Antimony Project in Nevada [1][6] - The total surface material now available for evaluation is approximately 20,000 tonnes, combining the newly identified stockpiles with previously confirmed material [6] - The company aims to advance toward early commercial shipments and establish a U.S.-sourced antimony supply chain [6][7] Company Update - The newly discovered stockpiles exhibit strong visible stibnite mineralization, consistent with previously sampled high-grade material [6] - Metallurgical testing is underway, with samples being collected and shipped under Metallurgical Testing Agreements (MTAs) to evaluate recovery rates and product specifications [6] - The first test shipment from the previously confirmed 6,700 tonnes was shipped on October 1st and received on October 6th for testing [6] Strategic Significance - The expansion of high-grade surface inventory supports the company's early-stage commercialization plan while drilling and resource modeling continue across the broader property [7] - Low arsenic concentrations in the material provide a metallurgical advantage, facilitating cleaner concentrate recovery compared to many global sources [7] CEO Commentary - The identification of additional stockpiles is seen as a significant step towards transitioning from exploration to near-term revenue generation [5] - The company is well-positioned to demonstrate the commercial viability of the American Antimony Project, with continuity and scale observed across various zones [5]