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Friday, 07/12/2024 3:12:51 PM

Friday, July 12, 2024 3:12:51 PM

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Shaking up the global uranium market, Kazakhstan, the world's largest uranium producer introduced a new Mineral Extraction Tax for uranium, significantly increasing rates from 2026 onwards (Source: https://oilprice.com/Alternative-Energy/Nuclear-Power/Kazakhstans-Surprise-Tax-Increase-Shakes-Up-Global-Uranium-Market.html)

As this expected to drive uranium prices higher due to the reduced supply, investors are looking local and, with the recent intersection of strong and highly elevated radioactivity at its Murmac Uranium Project, Aero Energy (AERO.v AAUGF) is seemingly on track to discovery a large, high-grade uranium deposit: https://www.reddit.com/r/Canadianstockpicks/comments/1dzhhf7/aero_energy_aerov_reports_major_radioactivity/
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