In a time when major uranium producers are shutting down mines, this CEO wants to build new ones. Blake Steele enters the pit to explain why, both looking at the macro picture as well as what he sees as the advantages of his company. Note that Steele mentions the impossibility of doing a full feasibility study on ISR uranium projects, but what he meant was that 43-101 regs don’t allow more than a preliminary economic assessment on Inferred resources. I’m a uranium bull myself, but I still want to know what the plans to deliver—and how he’s going to pay for it.
Tuesday, September 24, 11:18am, EST, 2019