Uranium Investment Thesis Explained by Sprott CEO John Ciampaglia (Hosted by Brian Leni)

Published: Dec. 9, 2022, 11:32 a.m.

b'Listen to Sprott CEO John Ciampaglia explain the uranium investment thesis in this episode hosted by investor Brian Leni of JuniorStockReview.com.

The uranium price has been strong in 2022 and today sits around US$50/lbs. Its strength over the last year and a half has been built on the back of worldwide de-carbonisation and an energy crisis. At the moment nuclear power represents the only real low carbon option for baseload power, the renewables just can\\u2019t compete when the sun isn\\u2019t shining and the wind isn\\u2019t blowing. In terms of the energy crisis, the Russian / Ukraine conflict has made it very clear that it is vital that countries secure energy sources as tensions and at least a partial de-globalization takes place. Uranium will be a bigger part of the world\\u2019s future energy mix. In this interview we have a conversation with John Ciampaglia, CEO of Sprott Asset Management, the custodian of the Sprott Physical Uranium Trust (U.UN, U.U). A number of topics are covered in our conversation including the impact of the Japanese reactor restarts, new reactor construction, impact of the Russia / Ukraine conflict on the uranium market and what to watch for in the uranium market in 2023.

0:00 Introduction
0:15 - A brief overview of John\\u2019s professional background and how he ended up at Sprott?
1:29 - Are we seeing the effect of the Japanese re-starts in the uranium price right now
6:46 - Why isn\\u2019t the West (North America & Europe) following Asia\\u2019s or China\\u2019s lead in new reactor construction?
15:30 - East versus West, how or will the Russian / Ukraine conflict affect the uranium market \\u2013 influence on Kazakhstan?
24:12 \\u2013 What happened to the uranium Japan didn\\u2019t use since Fukushima, but was contracted to purchase?
26:33 \\u2013 Small Modular Reactors (SMRs) \\u2013 are they the answer to widespread adoption of nuclear power?
32:38 - What should investors be watching in 2023 to gauge the health of the uranium market?
38:37 - Sprott Physical Uranium Trust and Sprott Uranium Miners ETF

Sprott Physical Uranium Trust - https://sprott.com/investment-strategies/physical-commodity-funds/uranium/

Junior Stock Review Premium - https://www.juniorstockreview.com/premium-subscription/

Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39

This interview was not sponsored. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.'