Uranium Contracting Cycle: You Don't Know This

Jim Pelchat told me some very interesting facts about uranium and the uranium contracting cycle that I didn't know before.

Jim and I talked about the previous cycle in uranium and how it compares to the current one, and he told me about some dynamics of the uranium market that weren't in place during the 2007 uranium bull cycle.

Jim believes that utilities are already very worried about the availability of uranium in the spot market because of how much of the spot market has already been cleared up in 2022.

Having worked in the nuclear industry for over two decades, Jim told me that utilities are definitely having those discussions right now, and that they're most likely worried about where they would secure their uranium supply from, as there are not many companies willing to sell uranium at $40/lbs right now, when they will likely be able to sell it for over $100/lbs in the near future, the 56 year old electrical engineer told me.

Jim thinks 2022 will be the best year for uranium, and uranium investors.

During the full interview, Jim and I talked about his experience working for 20+ years in the nuclear industry, the uranium stocks he likes, and how he sees the future of uranium exploration, and production in the US, as well as the future of nuclear energy in the US as a whole.

The full conversation is free and ad-free on this link:
https://resourcetalks.com/podcast/jim-pelchat-on-uranium-global-western-uec-which-stocks-does-he-like/

Jim Pelchat on Twitter:
https://twitter.com/JRPelchat

TIMESTAMPS:
00:00 Important disclaimer
00:50 How is the uranium cycle different than 2007?
04:52 When will uranium finally run?
11:10 Why are uranium stocks lagging the fundamentals?
13:15 How will this uranium cycle play out?
19:43 The political situation in the US & uranium
22:45 Do Japanese restarts really matter for the uranium price?
26:30 Closing thoughts

Disclaimer:

Please read this, it's for your own good. I actually mean it.

Although I greatly appreciate your presence here, you shouldn't appreciate mine and you shouldn't put any importance on what I have to say, what I do nor what I think. I'm an inexperienced 26-year-old who has a high risk appetite who has lost a lot of money and is still learning how to stop. So, please seek professional investment advice and don't take actions on anything said in this video. Before continuing, you must read and understand the full disclaimer which is displayed at the beginning of this video.

I, and/or the guest, Jim Pelchat, might own or have interest in some and/or all of the companies mentioned herein and claim that this video is not meant to manipulate the share prices of those companies. Please consider both of us biased and don't put any importance on our opinions.

Видео Uranium Contracting Cycle: You Don't Know This канала Resource Talks