Nick Lawson (@lawse) / X

Nick Lawson

1,682 posts

Nick Lawson

@lawse

Executive Chairman & Founder of Ocean Wall Merchant Bank and Ocean Wall Corp (US), Chairman of Chorus Intelligence, Founding Chair ALMT

Mayfair

Joined January 2009

Nick Lawson
@lawse
Oct 10, 2025
Morgan Stanley has just launched its National Security (MSXXNSEC) index. ASP Isotopes holds a 1.6% weighting as does Lightbridge. Both positioned it as mid tier components among the nuclear and #uranium group. This inclusion signals recognition of both company’s role in the
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Nick Lawson
@lawse
Jan 27, 2024
I just want to add to the conversation tonight on comments from Kazatomprom’s management around depletion. After the technically adroit Askar Batyrbayev, the subsequent CCOs of $KAP I have met have been an ever decreasing circle. As is well documented KAP is a revolving door
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Nick Lawson
@lawse
Nov 17, 2024
Late on Friday afternoon the news that Russia has made good on their previous threat from September to introduce an export ban on $uranium to the US saw the spot price move $3 higher. It provided the largest positive daily move in the spot price since January when Kazatomprom
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Nick Lawson
@lawse
Dec 15, 2023
There are no #uranium lbs. Fact. Producers are buyers. Sequesters are now thwarted. The game moves to something that we have yet to have a concept of. ‘Force majeure’ becomes part of the uranium vernacular. NPPs fight for lbs against hedge funds. $250 lb
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Nick Lawson
@lawse
Feb 21, 2024
After a huge rally there was inevitably going to be retracement. Uranium was $110 lb offered after the KAP production cut on 1st February. It felt like #uranium went up every day from $50 lbs last summer and now has plateaued recently at over $100 lb. We suspect a lot of
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Nick Lawson
@lawse
Jun 17, 2025
The Next Stage of the Fuel Market Cycle: Fear, Specifically, Buyer Fear We are currently in the "government legislature" phase, but yesterday's SPUT news marked a shift, with a sharp move in spot prices, signaling the start of a new psychological stage: fear, and more precisely,
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Nick Lawson
@lawse
Feb 1, 2024
Even at the lower end of $KAP’s scale this equates to a miss of -17.6% on previous production estimates for 2024. In the perspective of 135m lbs of global annual supply this removes another 7.3% #uranium from the global market. While exact numbers were not given on how KAP’s
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Nick Lawson
@lawse
Aug 23, 2024
World’s largest uranium producer slashes production target on.ft.com/3MdPUt0 Then this…… -$KAP inventories down a further 31% from Dec23 -Budenovskoye ramp up has been delayed until at least 2027 -KAP will not commit to any comment on 2026 production and will
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Nick Lawson
@lawse
Feb 1, 2024
Post $KAP numbers we have just put out “The Scramble for Uranium has Begun.” Aside from lower production numbers we have a big downgrade to inventories. Last disclosed inventory levels were 8,000 tU, @oceanwall2 expect this number to be lower to the tune of ~1,500-2,000 tU
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Nick Lawson
@lawse
Jan 11, 2025
Uranium prices hit record as thirsty AI data centres add to market squeeze on.ft.com/4h1ESEI The @FT have adapted our @oceanwall2 chart showing enriched #uranium is >+500% since Russia’s invasion. U3O8 has significantly lagged and this is the interesting part of the
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Nick Lawson
@lawse
Dec 31, 2024
When @oceanwall2 first started sending this chart out in September you can see the enriched #uranium price was +325% since the start of the Ukrainian war vs spot +61%. The argument is that downstream prices of finished nuclear fuel would tell you where the uranium spot price was
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Nick Lawson
@lawse
Sep 12, 2024
Enriched #uranium +325% since war vs spot +61%. Downstream prices show where U3O8 is going
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Nick Lawson
@lawse
Jun 6, 2025
URANIUM SPOT PRICE R.I.P (1987-2025) ⚰️ The spot price in #uranium is increasingly seen as irrelevant by @OceanWall2 CGN Mining's new offtake framework for 2026–2028 signals a decisive move away from traditional market signals, locking in fixed prices starting at $94.22/lb in
Ocean Wall Ltd
@oceanwall2
Jun 6, 2025
This week in the Hoot, we look at CGN Mining’s landmark 2026–28 offtake structure and why Ocean Wall is calling time on the spot price as the dominant pricing reference in uranium markets. We also discuss Meta’s nuclear mega-deal with Constellation, the $18.7 billion Czech-KHNP
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Nick Lawson
@lawse
Sep 19, 2025
reuters.com/business/energ… I met with these guys at the FT conference in Lausanne earlier this year. This is a serious foray by them and reminds me when, at Deutsche, we started trading #uranium futures on Comex in 2006. It was us, the financial players, ahead of the utilities
Commodity trader Mercuria bets on boom with foray into uranium, sources say
From reuters.com
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