Key Points To Remember: When investing in uranium companies, you want to make sure they are well funded, that they actually have uranium and that it’s not merely in the title of the company. It is critical to only buy the best companies in the space. For a nuclear plant, the cost of uranium compared to the cost of building the reactor is minor. A large plant may spend fifty million dollars a year on fuel for a plant that cost five billion dollars to construct. The price of uranium to an energy producer is not material to their bottom line. Nuclear still represents, in the USA for example, about 15% baseload energy needs and therefore in the coming years either the lights will go out, or the price of uranium will go up. The mining industry needs to spend $81 billion annually to 2030, and that is just to avoid shortages to achieve net zero. Operators are underspending massively, suggesting that CAPEX may need to almost double to $160 billion for the world to hit Net Zero by 2050. Another solution is new technologies and recycling. Technologies that can help include nuclear power's contributions, and new production technologies. Energy transition will not be cheap, but returns on mining investment also look very solid, with the Bank of America estimating an impressive +94-317%. Buy Uranium!
IWA is a shareholder of Fission Uranium Corp
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