We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.
Denison Mines Corp.
Energy · Oil, Gas & Consumable Fuels
1% grade - the highest grade undeveloped ISR deposit in the world). 5%) provides processing optionality + cash flow from toll-milling Cigar Lake ore for $CCJ. 2M lb) acts as treasury hedge to spot. Pre-FID financing path: equity + offtake + strategic JV ($KAP rumored).
(1) Phoenix is lowest-AISC undeveloped uranium project globally (~$8/lb opex), insulated from spot drawdowns. (2) Athabasca Basin is the only Tier-1 uranium jurisdiction with grades 100x+ Kazakh ISR. (3) Western utilities re-contracting cycle (2026-2030) favors non-Russian/non-Kazakh supply - Denison sits in the friendly-jurisdiction premium bucket alongside $CCJ, $UEC, $NXE.
(4) McClean toll-milling re-start (2026+) adds near-term cash flow ahead of Phoenix. (5) Optionality on Gryphon (basement-hosted, conventional mining) as Phase 2.
(1) Pre-revenue developer - Phoenix FID still pending, first production ~2027-2028 at earliest; permitting + financing risk. (2) Spot uranium pulled back from $107 to ~$65/lb - equity is high-beta to U3O8. (3) ISR is unproven in Athabasca sandstone at commercial scale (Phoenix would be first); technical risk.
(4) Equity issuance dilution risk to fund Phoenix capex (~C$420M initial). (5) Smaller market cap than $CCJ/$NXE - liquidity + index inclusion drag.
Each weekday: the scan's ENTER setups with entry, stop and target, every new ticker teardown, and the bubble shifts that move names like this one. Free. Education, not advice.
No spam. One email per day max. Pro adds Telegram trade alerts and higher AI-assistant limits.
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.