Matt Badiali, Editor of the New Energy Investor published under the Mangrove Investor, joins us to discuss the investment angle for the uranium sector. We start with the strong performance of the major companies and how he views the juniors, that have not taken off like the majors.
We discuss the supply and demand metrics that should help to continue to drive the uranium price. The demand side is all about current reactor and new builds, which have been steadily increasing now that governments are more supportive of nuclear power.
In terms of stocks we ask about NexGen Energy (NXE) and what he seems coming out of its advanced Project. With regards to the junior stocks we focus on the Athabasca Basin in Saskatchewan and insitu mining projects in the US.
- In full disclosure, Shad is a shareholder of NexGen Energy at the time of this recording
Click here to visit the Mangrove Investor website to follow along with Matt’s market thoughts.