GoviEx Uranium Provides Annual Letter to Stakeholders

GoviEx Uranium Provides Annual Letter to Stakeholders

To Our Fellow Stakeholders,

We enter 2022 following yet another unprecedented year. Whilst still adapting to a global pandemic, we are all, more than ever, faced with the reality of climate change and its devastating impact. COP26 has come and gone whilst governments remain unsure how to tackle the climate crisis. With increased energy prices and shortened supply of economically available low carbon energy sources, nuclear energy is coming into increased focus as a key part of the solution.

Despite all of its challenges, 2021 provided GoviEx with increased clarity and opportunity to execute our long-term strategy. With uranium prices improving, we can take greater confidence on our path to become a uranium producer.

Uranium prices rose 39% in 2021, trading at just under $46 per pound today. (1) Higher demand from new market participants has contributed to increases in spot prices, as the Sprott Physical Uranium Trust ("SPUT") alone now owns […]

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