It’s not easy, chopping the global uranium oxide story into a clear picture, but it is a story catching the imagination of increasing numbers of investors. After years of squatting in the doldrums, uranium oxide, destined for eventual use in nuclear power reactors, has taken off on the back of the crude oil crisis, according to Mineweb.com.
In the next few decades, dozens of new reactors are going to be built to reduce dependence on oil. Over the past five years or so, investors have already taken the spot price of uranium oxide from $5 a pound to close to $50 a pound. But for investors seeking exposure to the uranium oxide story via listed stocks, the choices are far from simple.
The scramble to invest in the sector is well underway. Alongside the established producers, there are many potential emerging uranium oxide producers, and some potential deposits that the market has hardly heard of, such as those in the Democratic Republic of the Congo. For the meantime, investors need to start by chopping the established producers into some kind of a recognizable table . . . .
In the next few decades, dozens of new reactors are going to be built to reduce dependence on oil. Over the past five years or so, investors have already taken the spot price of uranium oxide from $5 a pound to close to $50 a pound. But for investors seeking exposure to the uranium oxide story via listed stocks, the choices are far from simple.
The scramble to invest in the sector is well underway. Alongside the established producers, there are many potential emerging uranium oxide producers, and some potential deposits that the market has hardly heard of, such as those in the Democratic Republic of the Congo. For the meantime, investors need to start by chopping the established producers into some kind of a recognizable table . . . .
