VIDEO — Warren Irwin: Uranium Supply, Demand and Prices — Contrarian Takes

"One thing is for sure — there’s enough uranium out there. If prices get significantly higher, there’s enough out there that can be put into production to satisfy any gap in the supply/demand equation," said Warren Irwin of Rosseau Asset Management.

Resource investors are giving uranium a lot of attention, but one expert is warning against overly rosy outlooks.

Warren Irwin, president of Rosseau Asset Management, said that with demand set to grow slowly and adequate supply poised to come online at the right price levels, the market is unlikely to see the major moves some have predicted.

"One thing is for sure — there’s enough uranium out there. If prices get significantly higher, there’s enough out there that can be put into production to satisfy any gap in the supply/demand equation," he said.Looking first at demand, Irwin said there is an install base of 450 nuclear reactors, with an […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet