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This interview was filmed on July 28, 2022.
Editor’s note — This interview was filmed before Denison Mines made a bid for UEX; the offer from Denison has since expired, and UEX shareholders will vote on an amended acquisition plan with UEC on August 9, 2022. Click for more details: https://bit.ly/3BQxU3Z
Uranium investors have exercised patience for quite some time — is their wait coming to an end? “I look at where we’re at in the uranium sector right now, and I don’t think the fundamentals for our commodity have ever been better,” said Scott Melbye of UEC.
#Investing #Energy #Uranium
0:00 – Intro
0:37 – Current uranium sector sentiment
1:44 – Government wakeup call on energy security
4:30 – “Classic makings of a supply squeeze”
6:05 – Prices needed to incentivize supply
9:14 – UEC’s planned UEX acquisition
12:45 – UEC’s priorities in the months ahead
15:47 – Wait finally over for uranium investors?
16:42 – Outro
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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.
