Why are Utility Companies Striking Deals with Uranium Companies?

to meet growing uranium demand.

What's the potential outlook for uranium miners?

Are there new mines on the way and will other operations be restarted?

How could this be an investment opportunity?

Yeah, I mean just a few years ago there was very little interest in this space because uh pricing was not economic and uh just at the conference last week one of the uranium development companies announced uh an agreement with a utility to deliver uranium and we're seeing more and more of these announcements and they're really important because what's happening is these utilities realize they need to secure supply from multiple sources.

They are willing to help fund the construction of these new uranium deposits which is very very important for these companies to get to revenue and cash flow.

And we think we're going to see more and more of these development companies you know bring bring their production to market in the in the next few years helped in part by capital from the utilities.

So, it's a very strong backdrop in terms of pricing and obviously uh the demand is there and utilities are willing to write checks to to get these projects uh to to market.