Mining is just the first step in nuclear fuel production. Refining, conversion, enrichment, and fabrication have their dynamics. Cameco is the only fully integrated company in the nuclear energy segment. SILEX gives CCJ a considerable advantage and will help the US reduce its dependency on Russian enriched uranium.
Great piece mate - Wish I had discovered your Substack earlier. Uranium thesis fundamentals more bullish than ever, market sentiment hates it more than ever 😂
The uranium market is completely dissonant due to horrendous sentiment on one side and excellent fundamentals on the other.
Nevertheless, let's not forget that the narrative trumps the fundamentals in the short term. However, the fundamentals trump the narrative in the long term.
Patience and strict risk management are the name of the game.
In order to use the uranium 238 you mine you have to enrich it by increasing the uranium 235 concentration.
Enrichment is essential.
Sylex technology is very interesting.
Cameco invested in it and sylex is listed in Australia.
Recommend to review the enrichment and smelting issues in uranium mining. procedures.
Interesting recap and look foward to third chapter
Thanks for your insightful comment.
Mining is just the first step in nuclear fuel production. Refining, conversion, enrichment, and fabrication have their dynamics. Cameco is the only fully integrated company in the nuclear energy segment. SILEX gives CCJ a considerable advantage and will help the US reduce its dependency on Russian enriched uranium.
Great piece mate - Wish I had discovered your Substack earlier. Uranium thesis fundamentals more bullish than ever, market sentiment hates it more than ever 😂
Thanks! Glad you like it.
The uranium market is completely dissonant due to horrendous sentiment on one side and excellent fundamentals on the other.
Nevertheless, let's not forget that the narrative trumps the fundamentals in the short term. However, the fundamentals trump the narrative in the long term.
Patience and strict risk management are the name of the game.
Absolutely 💯 - 'insert investing quote about the people that make the most money are the most patient'