Hi Jimmy, thanks for another great interview Just wondering next interview, could the question be asked about how Silex may affect the uranium supply demand thesis? Silex has the ingredients for 30 years of production already sitting in containers at Paducah and looks like they have won the DoE contract to process the spent tailings. How much this may remove from the supply/demand deficit is anyone's guess but could it affect the current and upcoming producers Bottom line? Thanks from Australia
Hmm. If it ain't made with thorium, in case of no electricity/cooling/maintenance crew whatsoever for whatever reasons you're gonna end up having a helluva problem, methinks.
So China is on a path to nuclear expansion. However, won't they be purchasing all of their uranium from Russia, likely at reduced prices, especially if the US and Western countries enact a ban on Russian uranium? Will China's processed uranium needs be fully met by Russia? Or will it need to buy more than what Russia can supply, and where would they be getting it? Thanks.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! China buys most of it from the country of Kazakhstan which is their neighbor. The West has not placed any ban on Russian nuclear services for the simple reason the West needs it.
@BloorStreetCapital Hi Mr. Connor. Thank you for your reply and for providing your great videos. I have been doing intense research on the uranium story, devouring information from any and all sources for several months. I apologize in advance if this is a long reply, but I am on a mission when it comes to the uranium thesis. I admit that I dont yet have a full and complete understanding of how and when the uranium story will play out. However, from what I know now, I have concluded that many things have to happen for it play out like the experts say it will. First, the nuclear renaissance that so many say must be coming has to actually happen. Just how committed are governments to combating climate change, and will they put up the money for a bunch of nuclear reactors - with wars going on and a million other things? And just who in the private sector is going to be financing all these new reactors? In China, it seems that the State would be paying. So what if building new reactors falls to the bottom of the list of priorities for China because the economy tanks? As for the United States, it almost seems that it can't ban enriched uranium, especially not HALEU, which is needed for new, small, advanced reactors. Still, the push to ban Russian uranium by the US seems to have strong political support. Anyway, I could go on about all the concerns I have about the uranium bull story. I haven't even mentioned the issue of just how many utilities are rushing to buy uranium at these high prices, which goes to the timeline as to when we could see uranium prices spike from here. I guess at this point, I consider uranium to be a very speculative play, even though all the experts say it's a sure thing. When I hear that, I automatically get suspicious. The people and companies who are 100% bullish on uranium are passionate about uranium. They don't seem to talk much about what might happen to derail the whole story. But, let's say I am going to invest in uranium. Where is my money best spent, right now? I think it has to be a play on the drive by the US for uranium independence. Being reliant on Russia for such a strategic resource is not an option. Or China, which is the only other country that has the infrastructure to produce HALEU at scale. So, I'm not going with Cameco since they may have to actually buy spot uranium to meet their contracts - no matter what they have to pay - and not Kazatomprom. It has to be in companies that have resources and infrastructure for the uranium industry in the United States (and other rare earth minerals). China may, or may not, build a bunch of reactors, and the same goes for the rest of the world. But, the strategic concerns of the United States in being nuclear fuel independent from its two biggest adversaries will, beyond doubt, carry the day. The only way this happens is by massive government or private investment. But it will happen. So, for me, I have to go with companies who have resources in the United States, and I want liquidity - that has to be Uranium Energy, Energy Fuels, Dennison Mines (because it has a large supply of uranium on hand) (I think Canadian companies will benefit too), Nexgen (because it's such an incredible asset), and Sprott Uranium Physical Trust, or a couple of ETFs that have overweight in Sprott. And Global X ETF because ETFs are where the masses will go when and if FOMO takes over. And maybe Uranium Royalty. Now, I am not saying now is necessarily the time to buy, but the charts look pretty good to me on these stocks. It's possible that this could be the last dip before things take off, just looking at the charts. I think it's worth some investment right now. But if things start turning up from here and spot price starts going up, I think it's time to get in deeper. These are just my own opinions. I may not know what I am talking about. So, I would welcome any replies, comments, criticism, or ideas from your or other readers on anything I have said. TIA.
I would like to see Simon hunt again - he has shown a path which didn’t play out as predicted. An update is appreciated.
It's Jimmy Connor, thanks for the comment Klaus and for the request! I will work on this.
Hi Jimmy, thanks for another great interview
Just wondering next interview, could the question be asked about how Silex may affect the uranium supply demand thesis?
Silex has the ingredients for 30 years of production already sitting in containers at Paducah and looks like they have won the DoE contract to process the spent tailings.
How much this may remove from the supply/demand deficit is anyone's guess but could it affect the current and upcoming producers Bottom line?
Thanks from Australia
interesting!
I hope China builds quality power stations. Nuclear construction should be meticulous and precise not rushed.
It's Jimmy Connor, thanks for the comment! I'm sure they do! The Chinese have some of the best engineers in the world.
FTCO pays a MONTHLY gold based dividend.
OR is a gold royalty company that pays a quarterly dividend. Check 'em out.
Own both. Like FTCO better b/c of the monthly 💰
@@socalsilver6397 Indeed. It's also an affordable way to get some exposure to gold in your portfolio. 👍
Hmm.
If it ain't made with thorium, in case of no electricity/cooling/maintenance crew whatsoever for whatever reasons you're gonna end up having a helluva problem, methinks.
Is suncor or transcanada involved in nuclear energy?
It's Jimmy Connor, thanks for the comment/question. No, not yet.
So China is on a path to nuclear expansion. However, won't they be purchasing all of their uranium from Russia, likely at reduced prices, especially if the US and Western countries enact a ban on Russian uranium? Will China's processed uranium needs be fully met by Russia? Or will it need to buy more than what Russia can supply, and where would they be getting it? Thanks.
Sorry. Maybe you answered this in the interview?
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! China buys most of it from the country of Kazakhstan which is their neighbor. The West has not placed any ban on Russian nuclear services for the simple reason the West needs it.
@BloorStreetCapital Hi Mr. Connor. Thank you for your reply and for providing your great videos. I have been doing intense research on the uranium story, devouring information from any and all sources for several months. I apologize in advance if this is a long reply, but I am on a mission when it comes to the uranium thesis. I admit that I dont yet have a full and complete understanding of how and when the uranium story will play out. However, from what I know now, I have concluded that many things have to happen for it play out like the experts say it will. First, the nuclear renaissance that so many say must be coming has to actually happen. Just how committed are governments to combating climate change, and will they put up the money for a bunch of nuclear reactors - with wars going on and a million other things? And just who in the private sector is going to be financing all these new reactors? In China, it seems that the State would be paying. So what if building new reactors falls to the bottom of the list of priorities for China because the economy tanks? As for the United States, it almost seems that it can't ban enriched uranium, especially not HALEU, which is needed for new, small, advanced reactors. Still, the push to ban Russian uranium by the US seems to have strong political support. Anyway, I could go on about all the concerns I have about the uranium bull story. I haven't even mentioned the issue of just how many utilities are rushing to buy uranium at these high prices, which goes to the timeline as to when we could see uranium prices spike from here. I guess at this point, I consider uranium to be a very speculative play, even though all the experts say it's a sure thing. When I hear that, I automatically get suspicious. The people and companies who are 100% bullish on uranium are passionate about uranium. They don't seem to talk much about what might happen to derail the whole story. But, let's say I am going to invest in uranium. Where is my money best spent, right now? I think it has to be a play on the drive by the US for uranium independence. Being reliant on Russia for such a strategic resource is not an option. Or China, which is the only other country that has the infrastructure to produce HALEU at scale. So, I'm not going with Cameco since they may have to actually buy spot uranium to meet their contracts - no matter what they have to pay - and not Kazatomprom. It has to be in companies that have resources and infrastructure for the uranium industry in the United States (and other rare earth minerals). China may, or may not, build a bunch of reactors, and the same goes for the rest of the world. But, the strategic concerns of the United States in being nuclear fuel independent from its two biggest adversaries will, beyond doubt, carry the day. The only way this happens is by massive government or private investment. But it will happen. So, for me, I have to go with companies who have resources in the United States, and I want liquidity - that has to be Uranium Energy, Energy Fuels, Dennison Mines (because it has a large supply of uranium on hand) (I think Canadian companies will benefit too), Nexgen (because it's such an incredible asset), and Sprott Uranium Physical Trust, or a couple of ETFs that have overweight in Sprott. And Global X ETF because ETFs are where the masses will go when and if FOMO takes over. And maybe Uranium Royalty. Now, I am not saying now is necessarily the time to buy, but the charts look pretty good to me on these stocks. It's possible that this could be the last dip before things take off, just looking at the charts. I think it's worth some investment right now. But if things start turning up from here and spot price starts going up, I think it's time to get in deeper. These are just my own opinions. I may not know what I am talking about. So, I would welcome any replies, comments, criticism, or ideas from your or other readers on anything I have said. TIA.
💪😎🇺🇲
His name, as an Italian name, is pronounced "Champalyia". The 'g' is not pronounced the way we do it.
It's Jimmy Connor, thanks for the clarification Gib!
John out of focus in a few interviews has my eyes crossing.
It's Jimmy Connor, thanks for the comment and you are correct! His camera was having a hard time focusing.