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Ocean Wall Ltd
319 posts
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Ocean Wall Ltd
@oceanwall2
London’s market-leading, independent Investment House and Merchant Bank
73 New Bond St, W1S 1RS
thehoot731.substack.com
Joined May 2019
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  • user avatar
    Ocean Wall Ltd
    @oceanwall2
    Aug 22, 2025
    The world’s largest producer responsible for ~40% of global uranium supply has said its production capabilities are 10% lower than previously announced, removing ~5% of global supply from the market. In addition to this, Kazatomprom are able to exercise an option to produce 20%
    39K
  • user avatar
    Ocean Wall Ltd
    @oceanwall2
    Apr 27, 2022
    “I have spent 37 years in this wonderful #uranium and #nuclear energy industry. We’ve gone through all the highs and lows; I have to say we are probably in the most exciting phase in the nuclear energy industry’s history in these years that lie ahead of us.” – Scott Melbye, URC
  • user avatar
    Ocean Wall Ltd
    @oceanwall2
    Aug 29, 2025
    Even the gold standard in #uranium mining faces difficulty from time to time. 2.5% of primary supply gone for 2025, just as the largest producer cuts production capabilities by 10% for 2026. A perfect storm ahead of WNA in London next week.
    20K
  • user avatar
    Ocean Wall Ltd
    @oceanwall2
    May 12, 2025
    We expect the new KAP sulphuric acid facility to be delayed further to 2028-2029 (initial projection 2026). Why does this matter? Because without acid, Budenovskoye can not ramp up to full production...without Budenovskoye, Kazakh production does not meaningfully increase...and
    inbusiness.kz
    Крупный урановый проект Казахстана с участием "Росатома" забуксовал
    СП "Буденовское" демонстрирует существенное отставание в графике освоения месторождения на фоне возможных споров среди акционеров за выбор подрядчика.
    22K
  • user avatar
    Ocean Wall Ltd
    @oceanwall2
    May 23, 2025
    For too long there has been a growing disconnect between the US' nuclear ambition, and the disregard for the fuel needed to achieve it. This is why the news out of the US is so significant. It addresses the fact you cannot double, triple, quadruple nuclear capacity without
    27K
  • user avatar
    Ocean Wall Ltd
    @oceanwall2
    Apr 27, 2022
    Ocean Wall #uranium update. We were fortunate enough to attend the #WNFC today. See our curated notes below:
  • user avatar
    Ocean Wall Ltd
    @oceanwall2
    Feb 20, 2025
    Grant Isaac on the #Cameco earnings call just noted that term price contract ceilings remain firm in the mid $130s "maybe higher" yet spot price weakness has utilities asking to move floors from low $70s to $60s which is being rejected by #uranium fuel suppliers.
    13K
  • user avatar
    Ocean Wall Ltd
    @oceanwall2
    Mar 19, 2025
    In the finer print of the release, we note that KAP inventories at both the group and attributable level are the lowest in a decade. KAP's strategy around inventory is to always keep at least 6-7 months of attributable production procured. At today's levels, inventories represent
    14K
  • user avatar
    Ocean Wall Ltd
    @oceanwall2
    May 17, 2022
    The total market cap of all #uranium equities currently stands at ~$30bn. This is ~$2bn lower than 24th Feb when Russia invaded the Ukraine. In the last 4 weeks ~$13bn (30%) of the total #uranium market value has been wiped off, yet fundamentals remain “best ever”.
  • user avatar
    Ocean Wall Ltd
    @oceanwall2
    May 1, 2025
    Grant Isaac: "Until we see stronger demand in the market, until we see utilities calling for that, the investments wont be made to fill that red wedge." 70% of utility needs through 2045 remain uncovered - thats 3.2bn lbs. Tim Gitzel: "With each month that long term contracts
    16K
  • user avatar
    Ocean Wall Ltd
    @oceanwall2
    Aug 8, 2025
    This week in the Hoot: KHNP’s latest uranium tender falls flat—again—exposing the deep disconnect between legacy utility procurement strategies and today’s tight, producer-driven market. open.substack.com/pub/thehoot731…
    41K
  • user avatar
    Ocean Wall Ltd
    @oceanwall2
    Jun 20, 2025
    The #uranium market enters a new phase: Buyer fear. The Hoot this week explores the structural fragility now gripping the spot market, where even a whisper of demand is triggering sharp price reactions. open.substack.com/pub/thehoot731…
    6.4K
  • user avatar
    Ocean Wall Ltd
    @oceanwall2
    Oct 17, 2024
    Congratulations to @ASPIsotopes on accelerating the commercialisation of Ytterbium-176. This is the first quantum enrichment plant $ASPI have built and the same technology they are aiming to use for U-235 to produce HALEU for next-gen nuclear reactors.
    ir.aspisotopes.com
    ASP Isotopes Inc. Enriches Ytterbium-176 During Commissioning Phase of First Quantum Enrichment...
    - The Company has accelerated the commissioning phase of its first Quantum Enrichment plant and produced the first semi-finished material of…...
    10K
  • user avatar
    Ocean Wall Ltd
    @oceanwall2
    May 2, 2025
    Ever wonder how a fuel buyer thinks about uranium procurement? Listen to this podcast with Ocean Wall CEO Nick Lawson (@lawse) going head to head with Blue Energy CEO Jake Jurewicz (previous Exelon employee) on Bloomberg’s Merryn Talks Money podcast.
    open.spotify.com
    The Growing Chorus Singing Nuclear Power’s Praises
    Merryn Talks Money · Episode
    36K

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