NuScale Power Corp (SMR)

[Scotttrader80]

Just wish had had doubled my position

Me too

[ToucanYoucan]

$SMR - I'm still adding to Uranium ETF's even after the run up last year and SMR is the leader in Small Modular Reactors right now so I have been adding it. Nice recent run up!!
Nuclear power is REAL clean energy that works and the SMR's make it safer than the huge plants of the past.

[TrendTrade2016]

Here comes the FOMO

[TrendTrade2016]

SMR blowing up. NNE traders coming here

[GoldRu$$H]

Just wish had had doubled my position to hold 1/2 for a possible bigger run. I had enough dead money that I should have put to life by dumping some dogs. Nuclear will be huge in the coming years, hydrogen production, data center power, vertical farm energy, desalination, the list is a mile long for the future energy needs of the world. I'm happy to take some profit but will be pining for an entry point. Keep up the great work on the sharp eye! Your crystal ball is on fire!

[TrendTrade2016]

wow...nice buy....can't believe i did not buy that low since I'm a big advocate on nuclear power!

[Triforce]

"Aggressive traders could go long SMR around $9 risking to $6. The $28 area is my price target for now"

Bruce Kamich
Jun 24, 2024 8:15 AM EDT
https://pro.thestreet.com/trade-ideas/nuscale-power-stock-price-target-after-900-million-offer

[Scotttrader80]

Nice pop today on no news

[GoldRu$$H]

Nice call!!

I wish you would have posted last Friday, I sold my position yesterday morning. Back in March I bought 2000 shares @ $2.85 and sold this week @ $9.98.

If I had a larger position, I would not have sold off the entire lot, not kicking myself for taking profits but hope I can find an entry point if this cools off. I know the Feds will make a call in 4-6 months on who will be awarded some of the $900M that will be allocated to SMR projects. Crossing my fingers for dip in the next few weeks.

Best regards.

[TrendTrade2016]

SMR...11.13 TEST ONCE AGAIN

[TrendTrade2016]

SMR...11.13 PRECISION CHARTING..10C OFF!

[TrendTrade2016]

SMR HERES COMES 11.00

[TrendTrade2016]

SMR...11.21 TRIGGER UP A HEAD!!!

[TrendTrade2016]

SMR HAS THE WEEKLY TREND ATTACHED

[TrendTrade2016]

SMR READY TO FOLLOW NNE

[Scotttrader80]

The future for Electricity is Nuclear

[TrendTrade2016]

SMR 11.24 TEST COMING UP

[TrendTrade2016]

SMR TO FOLLOW NNE...KICKING MYSELF FOR NOT BUYING AT 2 BUCKS

[Going_4_It]

The Future of AI Is Nuclear

To meet the massive energy demands of artificial intelligence, the world must get over its fear of nuclear energy, our expert explains.

https://builtin.com/articles/nuclear-power-artificial-intelligence

[Scotttrader80]

Jim Rickards is promoting small modular reactors on Truth Social saying DJT loves Nuclear, Here is his long winded infomercial, eventually he gets to it

https://pro.paradigmnewsletters.org/p/awn_revenge_0524/PAWN4613/?s1=66560de330950b0001134464&s2=66759d42ae309600016ab3b3&h=true

[H2R]

Wondering if Bill Gates recent interview on CBS Face the Nation, talking about Natrium and TerraPower gave a bit of a boost to SMR. Retail investors can't invest in TerraPower but can in SMR. Gates was pretty articulate and highlighted the renewed bi-partisan interest in Nuclear. Looking at SMR more closely would make sense for those folks looking at energy policies and nuclear in particular.

Best of luck with your investments!

[1hot toddy]

3000 share buy $25000 buy

[ToucanYoucan]

$SMR - Added all last week, were having a nice start to the week!

[ToucanYoucan]

$SMR - I added the whole month of May - yesterday was whacked out!
I'm going to keep adding this month too.

[1hot toddy]

BIG BUYS AFTER MARKET UP TO 8.08 AND GETTING HIGHER $$$$$$$

[Termite7]

Very interesting!!!

[GoldRu$$H]

Does that mean my order for 2500 @ $0.14 will not fill?😪

[1hot toddy]

GREAT NEWS TECHNICAL ISSUE $$$$$$$$$$$$$$$$$$

[1hot toddy]

wtf?/ form 4 on 28th shows 2 insiders buying 11000 shares each

[gapole]

halted...from .13 to 6.08

[1hot toddy]

2- 98K SHARE BUYS $$$$$$$$$$$$$$$$$6

[GoldRu$$H]

https://www.reuters.com/world/us/white-house-support-new-nuclear-power-plants-us-2024-05-29/

[GoldRu$$H]

https://www.msn.com/en-us/money/markets/nuscale-power-surges-as-koreas-doosan-reportedly-to-supply-nuclear-equipment/ar-BB1ncykH?ocid=BingNewsSerp

[GoldRu$$H]

https://www.power-eng.com/nuclear/smr-market-expected-to-reach-295bn-by-2043-shows-report/#gref

[GoldRu$$H]

https://www.datacenterdynamics.com/en/news/norsk-kjernekraft-wants-to-build-small-module-nuclear-reactors-at-norways-data-centers/

[GoldRu$$H]

https://internationalbanker.com/news/small-modular-reactors-are-paving-the-way-for-nuclear-energys-renaissance/

[H2R]

Holtec deal & potential NuScale fallout
https://www.reuters.com/business/energy/holtec-gets-152-bln-loan-us-restart-nuclear-power-plant-2024-03-27/

The company also plans to build what will be its first two small modular reactor (SMR) units at the site, which will not be part of the project that is eligible for the loan.

NuScale's SMR technology is the only one to have received design certification from the U.S. nuclear power regulator last year. But the company has faced cost and subscription issues and had to shelve one of its SMR projects.

SMR submitted a modified design. Could be approved in 2025, which might work for this planning.

Anticipate July 2025 approval; NuScale sees no perceived
challenges to achieving this timeline

p.4 of investor pres. https://www.nuscalepower.com/-/media/nuscale/pdf/investors/2023/smr-4q23-presentation.pdf


Best of luck with your investments!

[GoldRu$$H]

Q4 and Full Year 2023 Conference Call.

[GoldRu$$H]

https://www.tradingview.com/news/investorplace:0cee2fcf4094b:0-smr-stock-earnings-nuscale-power-misses-eps-misses-revenue-for-q4-2023/

[GoldRu$$H]

https://finance.yahoo.com/news/nuscale-power-corp-smr-reports-213242111.html

[H2R]

From the CC, a couple of snippets from John Hopkins.

One way to understand SMR:

We're very, you know, we're -- one thing we've done is a lot of monies with the $1.8 billion that's been invested in NuScale, a lot of that monies was de-risk in our module in actually scaling up and modeling to where a lot of it's off the shelf. And as we mentioned before, our fuel comes from traditional conventional fuel. Also from a supply chain, we continue to build out, but I was just with, this is John Hopkins, with the CEO of Doosan, as I mentioned during the script, that they made significant progress, anticipating the future of modules. Because as you know, our model is predicated not just to do a one-off project. These are fungible assets. We're going to build them in a factory and ship them.

And so right now, we're pretty confident we'll keep up to demand as it comes in. But we're also very cognizant, we're not going to overextend our capacity to execute, which is very key. So, with our strategic partners, and the beauty of these strategic partners in Japan and Korea and the U.S., not only the suppliers or OEMs, but they're also investors. So they're taking a holistic view, not looking at a one-off, which affords us very competitive rates from that, because the way we operate is that these suppliers recognize they have to be commercially viable. It's just not viable. They're just not given that work will come that way.

So I was just with the CEO of Doosan, my team. We're just out in Japan. And we stay in regular contact. And we continue to build our supply chain out both locally within the U.S. and international.

On the market outlook:

Well, let me just say, you know, this time last year when we talked it was all about coal refurbishment working with utilities and it quickly became more process oriented where industrials are looking at clean energy for process heat or hydrogen ammonia. And now there's the big push on energy consumption for data centers and AI. Where I think near-term we could come from is the project we mentioned in RoPower. I'm hopeful that in April, we've pretty much, Florida is the prime on this with the subcontractor. Florida is operated under a limited notice to proceed. We're in the final negotiations of our limited notice to proceed, as well as our technology licensing agreement. So the timeline right now hopefully is by early April, we'll be doing a signing ceremony to kick off this project.

So that one could be first out of the chute or again as I said before, I don't want to set an early expectation, but our project with Standard Power still continues to proceed. So, and then I will say I've never seen anything like it. This whole data center, AI, with some of the Tier 1 alphas in that industry, they need energy. And we're in discussions with not only Tier 1, but others. So it's a timing's everything, but we're just seeing the market continue to build.

Best of luck with your investments!

[GoldRu$$H]

Nuclear power will be part of a diversified power supply grid, along with traditional turbine generators as well as wind and solar. The only way to quickly phase from fossil fuel and meet increased demand for energy.

https://www.nytimes.com/interactive/2024/03/13/climate/electric-power-climate-change.html

[GoldRu$$H]

https://www.benzinga.com/insights/earnings/24/03/37664192/nuscale-powers-earnings-a-preview

[GoldRu$$H]

https://www.msn.com/en-us/money/markets/global-nuclear-smr-project-pipeline-jumps-65-since-2021-wood-mackenzie-says/ar-BB1jIlpj

[Monksdream]

SMR chart

[GoldRu$$H]

Thanks for the reminder.

Good luck.

[H2R]

CC Thursday March 14, 2024, at 5:00 p.m. ET.

PORTLAND, Ore., February 15, 2024--(BUSINESS WIRE)--NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to review fourth quarter and full year 2023 results on Thursday, March 14, 2024, at 5:00 p.m. ET. Financial results will be released after market close that day.

The conference call may be accessed by dialing [phone] with conference ID 4347254 or by visiting the Events & Presentations page of the company’s website.

A replay of the webcast will be available for 30 days.

Best of luck with your investments!

[GoldRu$$H]

NuScale Power CEO John L. Hopkins has impressive career experience, and seems a formidable force of intelligence, drive and influence.

https://www.nuscalepower.com/en/about/leadership
https://www.uschamber.com/about/governance/board-of-directors

#27 on US Chamber of Commerce list of Board of Directors
John L. Hopkins
Chairman and Chief Executive Officer
NuScale Power Corporation
Portland, OR

& Past Chair

https://www.uschamber.com/about/governance

John L. Hopkins is President and Chief Executive Officer of NuScale Power Corporation and has served as a member of the board of directors since December 2012. He also served as NuScale LLC's Executive Chairman from December 2012 to December 2021. In addition, Mr. Hopkins serves on the U.S. Chamber of Commerce Board of Directors in Washington, D.C., and served as the Chairman from June 2016 to June 2017.

Mr. Hopkins started his career at Fluor Corporation in 1989, held numerous leadership positions in both global operations and business development and served as a corporate officer from 1999 until 2012. Mr. Hopkins is active in a variety of professional and business organizations, and currently serves on the Executive Committee, Audit Committee and Compensation Committee of the United States Chamber of Commerce, Washington, D.C. and is a member of the Nuclear Energy Institute Executive Committee and Energy Task Force Member, Atlantic Council and the International Atomic Energy Agency’s Group of Vienna.

Mr. Hopkins has previously served with the U.S. Department of Energy’s Nuclear Energy Advisory Committee, was a Senior Energy Policy Advisor of I Squared Capital, New York, and has also served as the Senior Executive Member of both the Fluor Netherlands and Fluor United Kingdom board of directors, Chairman of the Board for Savannah River Nuclear Solutions, LLC and as a Director of the Business Council for International Understanding.

Mr. Hopkins holds a Bachelor of Business Administration degree in finance from the University of Texas at Austin. He also completed advanced management programs at the University of California, Irvine, Thunderbird University’s international management program.

[GoldRu$$H]

https://www.washingtonpost.com/business/2024/03/07/ai-data-centers-power/

[GoldRu$$H]

It looks like US Congressional lawmakers are looking to address the regulatory expenses in getting an advanced nuclear reactor project like Small Modular Reactors to completion. This is good news for NuScale Power (SMR) and why we are seeing increased interest and volume.


https://www.deseret.com/2024/02/29/curtis-congress-advanced-nuclear-projects/

Rep. John Curtis, R-Utah, said the reforms are badly needed and testified in favor of the bill, which included components of some financial provisions he authored.

“The Advanced Nuclear Reactor Prize Act would authorize the secretary of energy to make targeted awards to cover fees assessed by the Nuclear Regulatory Commission for first technologies that are licensed and made operational in five unique categories. Awards under the bill cannot exceed total amounts expended by the eligible entity excluding other federal support,” he said.

Curtis added in a release that, “The costs and red tape associated with our permitting process are proving to be duplicative and ineffective. We need innovation in the nuclear space to ensure affordable, reliable and clean energy in our future and Congress must do more to ensure that can happen.”

The bill passed under suspension of the body’s rules.

Curtis is uniquely acquainted with the long process it takes to get an advanced nuclear project to fruition. His district includes municipal power producers that were part of the Carbon Free Power Project by NuScale and the Utah Associated Municipal Power Systems.