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Uranium Energy Corporation (NYSE: UEC ) is an incredibly attractive investment opportunity.
Here’s the one-line summary of the uranium case. Presently, uranium out of the ground is being produced at about 130 million lbs. in 2022, while the world consumed 180 million lbs.
Alongside this one-line summary, I must address why UEC out of all the potential investment options.Because this US company is a pure-play miner that is fully unhedged. And as soon as uranium prices stay at $60 per lbs, this business will be restarted, and we’ll see its operating leverage sizzle, with strong free cash flows. Why Uranium? Uranium is a very exciting energy opportunity. This same sentence I could have written at any point in the past 5 years and at every point, at that time it would have sounded on point and insightful. And yet, that comment would have been proven […]
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