Uranium Outlook: The beginning of a multi-year bull market - Guy Keller, Tribeca Investment Partners
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- เผยแพร่เมื่อ 8 ก.ค. 2024
- This briefing was filmed as part of 121 Mining Investment EMEA online - find out more about how you can join here: www.weare121.com/121mininginv...
Uranium outlook: The beginning of a multi-year bull market!
• What’s behind the current price surge and where do we see the price going through 2020/21?
• Key drivers of the uranium price today
• Bringing nuclear into the discourse on energy and decarbonization
• Breaking through the social stigma against uranium
Guy Keller, Commodity Specialist, Tribeca Investment Partners
This opened my eyes so much back when I hadn't heard much about the Uranium market. Saw it on early nov'20, got immediately positioned, and got the dec rally, I'm coming back to clear and idea prior adding at the next dip. One the best presentations I've seen, superb graphs! Get on before the train speeds up.
Very interesting. Thank you.
Thanks for the video!
Great information. Thank you! Filled a couple of holes.
Great content! Congratulations 121 for such a great work! kr
Thank you very much for the support Adriano :)
What instrument do you use to buy uranium?
Question: Uranium underwent a bull market in the early 2000s until 2007. It was first derailed by the financial crisis, and started to rise again rapidly up to 2011 - when Fukushima happened. What would the uranium market - and mining - look like today if Fukushima never occurred?
Uranium pumpers have been telling us the same "excellent supply demand fundamentals" every year since 2010 and look where the price went
Bullshit, it has only been 'excellent' since 2017 when Kazatomprom cut production. Ever since then the fundamentals have been building. New reactors, more supply cuts, mine shutdowns, projected mine shutdowns, closures because of COVID and way more.
This is not a pump, this is a fundamental analysis of a cyclical industry.
@@mardel1607 then why is the U price almost flat and stock prices mostly down since 2017 and down so much in the past 10 years when the U pumpers were telling us how good "supply and demand" were. It has to be more than Fukishima
@@bobsmith2886 it hasn't, the spot price increased by around 95% from the lows of 17 dollars to the highs of 33 dollars. This consistent uptrend was followed by stagnation by the miners, which you are absolutely right to be frustrated about, but one has to remember we had a lot of oversupply in the spot market to go through. Yes supply cuts started in 2017 and yes the price moved, but not until these COVID-19 shutdowns have we seen significant enough dropping in supply to really say "yes, this is where the crunch comes in". In my opinion it will still take a year or so, but we will most definitely see a violent upswing in the uranium price. It is inevitable, but most certainly not imminent.
Hope I answered your question Bob, in such an opaque market I fully understand your qualms with the sector
@@mardel1607 thanks for the great answer
@@bobsmith2886 very welcome Bob, if you want more information I have a Twitter account with the handle Yellowbull11
If you need the uranium please contact me...
After digging I came to conclusion that nuclear power not economical and only reason why there is new nuclear power plants - to have expertise in making nuclear weapons. So no reason for industry growth... Your comments please.
Reason for growth because green energy is unable to produce enough for the entire world... what else do we have that is clean and way more powerfull?? nuclear...
Why do we need more research on nuclear weapons? There's already enough warheads to destroy the planet 10 times over.
Uranium is by far the most energy dense fuel per per dollar of input. The west has politicized it, and pushed costs for nuclear plants sky-high, so in that sense, much of nuclear’s savings are lost. Those are not problems that China, Russia, India, or others have though. And that’s where growth will be.