Uranium producer in Kazakhstan and Kurdistan. Some political risks, even though they have deals with the governments. Has had a huge run. He is not comfortable with it even though it is producing and probably the cheapest.
Has 3 uranium plays in Kazakhstan. On the largest one they have a 70% interest. There are no hedges in place. Low cost producer. Producing about 1.8 million tons this year.
Likes the outlook for uranium. Uranium market has moved dramatically over the last little while and is a little ahead of itself. Would wait for a pullback before buying. If he owned, he would sell a little and buyback at a better price.
Near-term uranium producer. Unhedged production. In Kazakhstan which has very high-grade deposits and bringing on significant supply growth over the next three years. A very logical acquisition for Cameco (CCO-T).
Has almost no uranium production, but lots of prospects. Merging with sxr Uranium (SXR-T). Have geopolitical risks. Actual production will be a few years. Very richly priced.
Merging with SXR (SXR-T). With the combined significant volume and diversification of supply, it is going to be an excellent company in the next 5 years. Expect it may inter-list on the US exchanges.