Uranium Investing Videos
Investing in Depleted Uranium, SMRs, Seawater Extraction, and other alternative energy sources
I spoke to Eric Meyer from Generation Atomic, which is a non-profit organisation meant to spread the word on nuclear power about investing in depleted uranium, small modular reactors (SMRs), seawater extraction and other alternative ways to generate nuclear energy. In the full conversation, we covered some other interesting topics about uranium, including how nuclear fuel gets made from uranium, which I thought was the biggest takeaway from the conversation. You can watch the full conversation for free over here: https://www.baby-investments.com/interviews There currently aren't any publicly listed SMR companies, that offer exposure for people looking how to invest in SMRs. However, one could look into Rolls-Royce, which is a publicly Listed company over in London, in the UK (LON: RR), as they are working on the development of SMRs. There is also a company called "NuScale", which isn't public yet, but it's easy to get exposure to it through its shareholders and partners, some of which are already publicly listed. NuScale Power is developing a new modular light water reactor to supply reliable and abundant carbon-free nuclear energy for electrical generation, district heating, desalination, and other process heat applications. NuScale’s SMR design features a fully fabricated NuScale Power Module™ capable of generating 77 megawatts of electricity (MWe) using a safer, smaller, scalable version of pressurized water reactor technology. For example, BWX Technologies (NYSE: BWXT), which is a supplier of nuclear components and fuel, was chosen by Nuscale to start the engineering work to manufacture NuScale’s small modular reactor (SMR). According to the company, the decision to select BWXT follows a rigorous 18-month selection process, with expressed interest from 83 companies based in 10 countries, to determine the best company to refine NuScale’s design for manufacturability, assembly, and transportability – the first phase in bringing NuScale’s pioneering design to life. NuScale’s technology is the world’s first and only SMR to undergo Design Certification review by the U.S. Nuclear Regulatory Commission. Then there is Fluor (NYSE: FLR), which is an American multinational engineering and construction firm headquartered in Irving, Texas. It is a holding company that provides services through its subsidiaries in the following areas: oil and gas, industrial and infrastructure, government and power. In 2011, Fluor Corporation made a significant investment in NuScale Power, a small modular reactor (SMR) technology company in Oregon. With the investment, Fluor is NuScale's majority shareholder. NuScale continues to operate as an independent company with Fluor providing certain needed services to NuScale through a separate contractual arrangement. Another way people may want to look into, if they're looking for ways to invest in the future of uranium & nuclear energy, which may very well be SMRs (small modular reactors), they may want to look into General Electric Hitachi (NYSE: GE), which is also working on an SMR, which they call the "BWRX-300" According to their website, the BWRX-300 is a ~300 MWe water-cooled, natural circulation Small Modular Reactor (SMR) with passive safety systems. As the tenth evolution of the Boiling Water Reactor (BWR), the BWRX-300 represents the simplest, yet most innovative BWR design since GE began developing nuclear reactors in 1955. The BWRX-300 is based on the U.S. NRC-licensed, 1,520 MWe ESBWR and is designed to provide clean, flexible baseload electricity generation that is competitively priced and estimated to have the lifecycle costs of typical natural gas combined-cycle plants targeting $2,250/kW for NOAK (nth of a kind) implementations. I intend on inviting Eric back, for a conversation on seawater extraction of uranium and how to invest in it, soon. I currently don't know of any direct ways to get exposure to seawater extraction of uranium, in one's investment portfolio. TIMESTAMPS: 00:00 Is depleted uranium really dangerous? 03:30 Alternative sources of nuclear energy 08:20 Why aren't SMRs reality yet? 11:35 Too early to invest in SMRs? 14:45 How to invest in SMRs now? 17:20 Political absurdity around nuclear & uranium Important notice: none of this is financial advice. None of this is an invitation to make any trades. Your capital may be at risk. Consider both of us very biased as we own shares of some of the companies mentioned herein to our own name. You must always do your own analysis and take your own decisions. Before continuing you must read the full disclaimer on the disclaimer page: https://www.baby-investments.com/disclosure
Uranium production under $40? P. Goranson says Encore Energy can do it
In this call, I spoke to Paul Goranson, CEO of Encore Energy, and he told me that he can get into uranium production at around $40, as he plans to use the ISR production method, for Encore Energy. You can watch all my full interviews for free over here: https://www.baby-investments.com/interviews This is the first time I spoke to Paul Goranson, and he told me the story behind Encore Energy, and why he thinks Encore Energy can get to uranium production under $40. As a beginner, it is important that I have a research framework. I call that framework "The 6 P's". Those 6 P's are: 1. Primary Metrics (market cap, EV, cash, debt, warrants, options, etc) 2. Place (jurisdictions) 3. Project 4. People (management & staff) 5. Perils (risks) 6. Plans (strategy) So, in this conversation, I managed to ask Paul Goranson about all 6 of those P's on Encore Energy. My biggest takeaway from this interview is that Encore Energy is now run by some very experienced people with many past successes, and has some alleged M&A activity coming up. Unfortunately, though, P. Goranson was not able to give me more information on their planned M&A activities, but he did tell me that they are currently reviewing a couple of projects, and we may see news about an M&A drop soon. Other than that, it was important for me to understand Encore Energy's recent PEA, and Paul Goranson told me that the PEA actually shows a traditional mining method, whereas Encore Energy is hoping to employ ISR mining over there, which will significantly lower CAPEX & OPEX, allegedly bringing the AISC to the low $40 uranium or even high $30 uranium price. However, the New Mexico project is not Encore Energy's main focus, said P. Goranson. He told me that their main focus was and remains Texas, where they'll also like to employ the ISR mining method. Another important take away, that wasn't specifically about Encore Energy, was that Paul Goranson has spoken to many utilities about their plans to go into the next contracting cycle, and those conversations led him to believe that 2023 is a good timeline to expect uranium price to go into the $50 range. This can be a big thing coming from an insider of the uranium industry, but I would still like to see the uranium price go above $50, and preferably before 2023. Both ways, I'll be holding all my uranium stocks (with an exception to the ones I would trim, if they run too much) until the uranium price reaches $50. As pointed out in previous videos, I do see a possibility for a higher uranium price than $40 or even $50. TIMESTAMPS: 00:00 Very important message 04:19 Encore Energy cash, debt, warrants overview 08:10 Institutional ownership 09:33 Encore Energy vs peers 12:00 Why is Encore Energy $200M? 14:45 When can Encore Energy produce uranium? $40? 15:30 How leveraged is Encore Energy to uranium price? 17:30 Encore Energy PEA overview - $56 breakeven or $40? 20:00 CAPEX needed to get to production 23:00 Why did West Water sell that project? 25:15 Why did EU pay with shares and not USD? 28:00 Texas project overview 31:00 Encore Energy's focus project 32:50 How does the team get paid? 38:55 How much does the CEO get paid? 40:50 Why did P. Goranson leave Energy Fuels? 43:00 Did P. Goranson join Encore Energy just for the money & clout? 46:50 Encore Energy insider ownership 47:50 Did the management buy more on the dip? 51:00 M&A plans for Encore Energy 52:15 How & when will Encore Energy raise capital? 54:15 What are the main risks for Encore Energy? 57:30 Uranium price rise timeline - 2023? 01:02:15 3 more uranium stocks P. Goranson likes 01:03:30 Closing thoughts The creator of this video does not receive any financial compensation beyond that generated through the YouTube Ad program. None of this is financial advice. None of this is an invitation to make any trades. Your capital may be at risk. Consider both of us very biased as we own shares of some of the companies mentioned herein to our own name. You must always do your own analysis and take your own decisions. Before continuing you must read the full disclaimer at the beginning of the video.
Energy Impact Center
Ep 322: Jason Crawford - Author, Roots of Progress
1) What led Jason Crawford to make the jump from Silicon Valley to a focus on the history of technology and philosophy of progress 2) How Jason got into writing and connected with some of his favorite economic historians through a viral post on the invention of the bicycle 3) The critical events that strangled nuclear energy progress in its early years and a look at the bottlenecks it faces today 4) A sneak peek of Jason’s book, Roots of Progress, and a call to action to pay it forward to future generations through technological advancement
Uranium & Nuclear Energy - Myths & Facts (unexpected truths)
There are many misconceptions around uranium investing & nuclear energy. So, during my conversation with Yellow Bull from Twitter, I asked him to go over some of the common misconceptions about nuclear energy, and also some of the things uranium investors believe about investing in uranium stocks. This is just a part of my conversation with YB. We also talked about other things like his uranium portfolio (he share his top 3 uranium stocks), uranium bull cases and even some uranium bear cases. You can watch/listen to the full conversation for free at: https://www.baby-investments.com/interviews More specifically, in this part of my conversation we talked over 15 myths & facts about investing in uranium and uranium stocks, as also some myths on nuclear energy, the safety of uranium, and the radioactivity of nuclear power plants. There are some unexpected truths in this clip, some that even I had misunderstood over the years. The bottom, line, though, is that nuclear energy is among the safest and cleanest ways of generating energy. Uranium is a crucial part of the generation of nuclear energy, and it might be safer than you think (as long as you don't eat nor inhale it). I remain bullish on uranium and uranium stocks, and this part of our conversation was very beneficial to me as it helped me understand some myth & facts about uranium & nuclear energy. There were indeed some unexpected truths revealed in this video. TIMESTAMPS: 00:00 Important message 00:15 Is nuclear energy the cleanest, safest energy? 01:45 Is uranium the most radioactive element? 02:20 Can you touch uranium? 03:04 Is nuclear waste deadly? 05:38 Is living next to a nuclear power plant safe? 06:54 Is solar energy cheaper than nuclear energy? 10:25 How to make money with uranium stocks? 11:20 Are African uranium stocks too risky to invest in? 12:30 Are Uranium explorer stocks like playing the lottery? 13:40 Are the returns of a uranium bull market outsized? 14:07 Are tier 1 deposits the only investable uranium deposits? 15:00 Will Kazatomprom flood the uranium market? 15:30 Will uranium stop at $50/lbs because of oversupply? 16:30 Is Japan restarting its nuclear reactors after Fukushima? 17:50 Does China matter to the uranium investment thesis? 19:00 Will SMR's and thorium make uranium obsolete? 20:00 Closing thoughts Important notice: none of this is financial advice. None of this is an invitation to make any trades. Your capital may be at risk. Consider both of us very biased as we own shares of some of the companies mentioned herein to our own name. You must always do your own analysis and take your own decisions. Before continuing you must read the full disclaimer at the beginning of the video.
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