These 3 CEOs discuss the mood following a high profile World Nuclear Association conference in London. The US DoE making all the right noises about funding and incentives and European politicians talking a good game of using nuclear as the solution to the current energy crisis. Also noteworthy was the attendance of both US and European utility fuel buyers who are leaning in to the conversations. Yes we are low on UF6 and EUP and we need to work out how to enrich uranium ex-Russia but this adds to the frenzy and interest from institutional investors who are also starting to take note.
Stephen Keith, CEO of Labrador Uranium (CNX: LUR) MC: $29m
Labrador Uranium Inc. is a Canadian junior exploration and development company focused on the advancement of its projects located in the region of Labrador, Canada. The company’s asset portfolio consists of its CMB project, Moran Lake deposit and Mustang Lake project, located in the central mineral belt of Labrador. The projects of the company in the central mineral belt hold a land position of approximately 139,000 hectares. The Notakwanon project of the company hosts near-surface uranium and has shown grab samples of up to 3.5% U3O8.
Dan Major, CEO of GoviEx Uranium (TSX-V: GXU) MC: $168m
GoviEx Uranium is a Canadian based uranium development company focused on its projects located in three different African countries. The company boasts a resource inventory of over 220 million pounds (lbs) of U3O8 in measured, indicated and inferred resources. The company’s asset portfolio consists of the Madaouela project, located in Niger, the Mutanga project, located in Zambia and the Falea project, located in Mali.
Phil Williams, President & CEO of Consolidated Uranium (TSX-V: CUR) MC: $175m
Consolidated Uranium Inc. (TSXV: CUR) (OTCQB: CURUF) was created in early 2020 to capitalize on an anticipated uranium market resurgence using the proven model of diversified project consolidation. To date, the company has acquired or has the right to acquire uranium projects in Australia, Canada, Argentina and the United States each with significant past expenditures and attractive characteristics for development. Most recently, the Company completed a transformational strategic acquisition and alliance with Energy Fuels Inc (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company, and acquired a portfolio of permitted, past-producing conventional uranium and vanadium mines in Utah and Colorado. These mines are currently on stand-by, ready for rapid restart as market conditions permit, positioning CUR as a near-term uranium producer.