Piece of Cake

An Emerging Markets Sponsored Commentary

ORLANDO, Fla., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Today’s featured company is a simple story. It’s a uranium play.

For those of you who have dabbled in the markets for any length of time you may recall that when uranium gets hot interest in companies pegged to yellow cake soars. This is hardly breaking news, just a simple and reflexive approach to market activity and the spot price.

For many, uranium companies like Generation Uranium Inc. (TSXV: GEN) (OTCQB: GENRF) (FRA: W85) present an opportunity to play uranium. Unlike gold or other metals, you can’t stick Krugerrands or shiny bars of uranium in that secret spot behind the family portrait.

Uranium affords no such proximity.

So, when headlines like those below adorn the newsfeeds of 2024, publicly traded companies present some exposure to the phenomenon at hand. But first a few headlines and links:

Bloomberg: Deadly and Wildly Profitable, Uranium Fever Breaks Out
The radioactive metal’s price is up 233%, revealing the speed at which the world is embracing nuclear power once again. Source.

Forbes: U.S. Ban Could Spark Another 60% Hike In The Price Of Uranium
------- Source.

Hopefully, venerable Forbes and Bloomberg meet your journalistic standards.

Back to Generation Uranium, because, well, the Company is paramount in the success algorithm. It is easy to jump into a white hot industry and stake your claim literally or figuratively. That certainly doesn’t mean you’re going to succeed.

The Company has an exceptional Investor Presentation here and we strongly encourage you to check it out because A) it speaks quite well to the overall opportunity and momentum for uranium and B) how the Company is looking to execute in this opportunity.

Here are a couple points worth noting, paramount among them is that there appears to be significant interest in the power and efficiency of nuclear energy, energy that is reliant on yellow cake/uranium.

From the deck:

“The world needs more nuclear to achieve a low cost, reliable and greener future of energy and Canada is the second largest producer of Uranium in the world at 15%, behind Russia friendly Kazakhstan which produces 43% of the world's supply.

“Canada is home to the Athabasca Basin and the Thelon Basin, two of the highest-grade uranium districts in the world. Global Yellowcake supply is set to reach 145M lbs in 2024, but demand is already at 180M lbs, representing a roughly 35M lbs deficit.