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John Cash of Ur-Energy spoke to the Investing News Network about his thoughts on uranium’s recent price rise, and where the commodity could go in the future as demand rises and supply stays tight.
“I believe the market’s going to continue to improve over time, (but) I expect tremendous volatility based on news,” he said. “There’s cert a tug-of-war on the price right now — it seems like it’s plateaued. But I think it’s got considerable more room to run.”
This interview was filmed on October 13, 2023.
#Investing #Nuclear #Uranium
0:00 – Intro
0:28 – What kicked off uranium’s price rise?
4:21 – Ur-Energy’s current sales contracts
7:30 – Utilities keen to buy, it’s a seller’s market
11:16 – M&A outlook for the uranium sector
15:37 – Key supply/demand factors to watch
18:07 – Uranium set to rise, but expect volatility
19:02 – Outro
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Investing News Network (INN)
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
