Guy Keller, Portfolio Manager of Tribeca Nuclear Energy Opportunities Strategy, shared his view with Livewire Markets: Just because it’s immature doesn’t mean it’s not a big investment opportunity.
Uranium bulls were waiting for a long, long time for that investment opportunity to come good. Yellow cake uranium became the new darling in the commodity space after prices soared above US$100/lb last year, the highest since 2007. In turn, this bull run followed a decade-long slump, which saw the spot price crash from $143/lb to just $18/lb.
Keller watches this space extremely closely. In his sit-down with Christopher Conway, Keller argued that just because the investment opportunity is immature does not mean there is not a huge growth runway to come.
Read more here: LiveWire Article