Anfield Energy Inc. (TSXV:AEC) – Notable News
April 7, 2022
April 7, 2022 Anfield Energy Inc. (TSXV:AEC, BUY, C$0.20 target, David A. Talbot) announced that it has engaged BRS Inc. and Wright Environmental Services to
Tag: Anfield Energy Inc
Anfield Energy Inc. (TSXV:AEC) – Target Increased on Updated West Slope Resource Estimate
March 31, 2022
Anfield Energy provided an updated mineral resource estimate (MRE) for four of its nine, 100%-owned West Slope properties located in Colorado. While tonnage and grades, for these four properties were lower than historical, we view this announcement positively as it further de-risks this conventional uranium project in Anfield’s portfolio. With uranium prices trending higher amidst global geopolitical events, Anfield is committed to advancing various projects in its portfolio, including its flagship, Charlie ISR project in WY. As a result of this resource and after incorporating certain other changes into our model such as valuation of V2O5 resources for the first time, we are increasing our Anfield target price to C$0.20/sh. Past production from nine DOE leases and adjacent claims at West Slope totaled 1.3M lb U3O8 and 6.6M lb V2O5 between 1977 and 2006. Production from these four properties alone was 657k lb U3O8 and 3.8M lb V2O5. Focus has picked on up on its conventional assets and a review is underway, including cost and timeline to refurbish its Shootering Canyon uranium processing plant in UT.
Anfield Energy Inc. (TSXV:AEC) – Notable News
March 24, 2022
March 24, 2022 Anfield Energy Inc. (TSXV:AEC, BUY, C$0.15 target, David A. Talbot) plans to conduct a comprehensive review of its conventional uranium assets. This
Uranium Market Update – Uranium Spikes 12% on Bloomberg Article About Russian Disruptions
March 10, 2022
This price increase is following a news article from Bloomberg yesterday speculating that the US might sanction Russian uranium supplier, which had previously been excluded from the Russian oil and gas import ban. UxC suggests that the article triggered a huge jump on Wednesday afternoon following its daily 2:30pm price cut-off. It appears that the response is mainly from traders bidding up the price.
Anfield Energy Inc. (TSXV:AEC) – Notable News
March 9, 2022
March 9, 2022 Anfield Energy Inc. (TSXV:AEC, BUY, C$0.15 target, David A. Talbot) announced that it has closed the final tranche of its non-brokered private
Red Cloud’s 2022 Very Pre-PDAC Mining Showcase – Day One Recap
March 3, 2022
Yesterday, Red Cloud hosted the first day of its three-day 2022 Very Pre-PDAC Mining Showcase, which featured 36 presenting uranium and battery metal companies including our keynote speakers Andrew Leyland, Head of Strategic Advisory at Benchmark Mineral Intelligence and Anna Bryndza, Executive Vice President at UxC, LLC and had over 1,000 participants registered in advance of the event. With this note, we want to provide a quick recap of the highlights from the conference for those who were unable to attend the live event. If you would like to attend Day Two and Three of Red Cloud’s 2022 Very Pre-PDAC Mining Showcase, register here. Replays are available on the Red Cloud website.
Uranium Market Update – SPUT Buying Spikes U3O8 Prices Upon Security of Supply Concerns
February 28, 2022
Uranium prices are up sharply on apparent Sprott Physical Uranium Trust (SPUT) buying as security of supply concerns emerge in light of economic sanctions levied against Russia in response to the Ukraine invasion. Funding of additional physical U3O8 purchases by SPUT may help propel prices above US$50/lb and perhaps close to incentive prices needed by project developers. We anticipate uranium equities to react very positively.
Anfield Energy Inc. (TSXV:AEC) – Notable News
February 3, 2022
February 3, 2022 Anfield Energy Inc. (TSXV:AEC, BUY, C$0.15 target, David A. Talbot) announced it has engaged BRS Engineering to complete a mineral resource report for
Uranium Market Update – SPUT Increases Base Shelf; Expect Equities to Gain Momentum
November 23, 2021
UT announced the filing of a Restated Base Shelf Prospectus. SPUT may now issue up to US$3.5B of units in Canada during a 25-month period starting 10-Aug-21. It had already approached its previous ceiling of US$1.3B. The At-The-Market program has also been updated. We view the potential for SPUT to raise further funds as very good news for the entire uranium sector.
Anfield Energy Inc. (TSXV:AEC) – Notable News
November 12, 2021
November 12, 2021 Anfield Energy Inc. (TSXV:AEC, BUY, C$0.15 target, David A. Talbot) provided a corporate update with management reiterating the company’s favourable position with respect