Sprott Physical Uranium Trust T.U.UN

Alternate Symbol(s): SRUUF

Financial Services Asset Management

Sprott Physical Uranium Trust (the Trust) is a Canada-based closed-end investment trust. The Trust invests and holds substantially all of its assets in physical uranium in the form of uranium oxide in concentrates and uranium hexafluoride (collectively, Uranium). The investment objective of the Trust is to provide a secure, convenient and exchange-traded investment alternative for investors interested in holding physical uranium without the inconvenience that is typical of a direct investment in physical uranium. The Trust intends to achieve its objective by investing primarily in long-term holdings of unencumbered, fully allocated, physical uranium and does not speculate with regard to short-term changes in uranium prices. Sprott Asset Management LP (the Manager) is the manager of the Trust. WMC Energy B.V. is the technical advisor (the Advisor) to the Manager.

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Sprott Physical Uranium Trust

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Post by BladeMasteron Jan 26, 2024 11:15pm

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Post# 35848269

SPUT buying pounds…

You know what I like about SPUT drawing down cash to $30M from $60M this week?

Sprott will need to do another raise, and they can't do that unless market price = NAV!!!

With a -10% discount, we could see units trading back towards $32 to $33 in short order

Diamond HANDS boys

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