In The News
News and information from markets related to the future and success of U3O8 Corp.
Uranium and related markets are changing on a daily basis with new information, technologies and advancements being discovered and improved upon every day. Here we present relevant information on topics affecting everything from mining strategies to investment strategies.
On June 22nd, 2018 Matthew Bohlsen of InvestorIntel.com published an original column on U3O8 Corp titled The vanadium advantage in U3O8’s pathway to uranium production in which he states, “U3O8 Corp. has a wise strategy that investors can benefit from. That is, they plan to bring on their low CapEx Laguna Salada project first, as this is the easiest to achieve (provided uranium spot prices are above USD 22/lb). Once achieved, they can use surplus cash flow to help fund their larger CapEx low running cost Berlin Project in Colombia. This project has a zero dollar cost of production due to a large amount of valuable by-product credits. This will mean once operational it will be extremely profitable.”
2017 was an extraordinary year for the uranium industry: against a backdrop of steadily increasing nuclear energy generation and uranium demand, the world’s largest and lowest-cost producers cut output to essentially eliminate the oversupply that has dogged the uranium market since the Fukushima meltdown almost seven years ago. Underscoring the fact that today’s uranium prices are too low for profitable production, the State-run uranium producer in Kazakhstan, that produces 40% of the world’s uranium and is the world’s lowest-cost producer, has set up a trading arm that will allow its uranium to be sold at higher prices.
The following audio excerpt is from episode #529 of Frank Curzio’s podcast “Wall Street Unplugged” titled “The Art of Short Selling” featuring Michael Alkin. Michael is a former hedge fund analyst, portfolio manager and is currently the Editor & Founder of The Stock Catalyst Report. Michael brings up the uranium sector which he’s going “all-in” on and goes as far as saying “In my entire 20-plus year career as an analyst, this is the best risk/reward ratio on the long-side I’ve ever seen.” continuing on to suggest it could potentially become the hottest commodity story of the next decade.