/biz/ - Business & Finance

Really good interview with uranium hedge fund - definitely worth a read (even though it is dated from April)
https://seekingalpha.com/article/4338490-interview-brian-laks-on-uranium-sector-we-expect-well-constructed-basket-of-uranium-equities
>We think Energy Fuels (NYSEMKT: UUUU) will become one of the prime contractors to the government in this arrangement. Because of the large capacity of their mill, additional mining assets will be needed to fill it to optimal capacity. Once a contract is signed, they can turn around and begin forming JVs or signing toll milling agreements with other sources of supply.

“Also, can you walk us through your process when valuing how much Energy Fuels (UUUU) (as an example for others) should be worth?”
Do a control-f of this text and read this section in particular - too much to copy paste
Teaser:
>”At 10x earnings it would trade at $4 per share. In an improving uranium market where they have the dominant position in the US, it’s not hard to imagine it reaching 20x earnings in which case you could see it trade for $8 per share in the next few years.”

YOU’RE A BIG GUY
4U
https://youtu.be/zAaB66b_r1c