Brian Laks, partner at Old West Invest Management, discusses the bull case for uranium. Key topics include why this time could be different, breaking down the supply / demand curve that has him so excited, and discussing why NexGen (NXE) is such an interesting way to play uranium.

Brian's twitter account: https://twitter.com/brianlaks
Kuppy's uranium shortage post: https://adventuresincapitalism.com/20...

Chapters
0:00 Intro
1:30 Uranium overview
2:35 What got Old West so excited about uranium?
5:05 Discussing the uranium cost curve
7:35 Uranium supply / demand imbalance
10:15 Uranium's cycles since 2000
15:15 Why is the cycle happening now?
19:15 What's to stop supply from coming on if prices start to rise?
25:40 When and how do mothballed facilities start coming back on?
30:00 The Sprott Uranium Trust
40:20 Nexgen (NXE) overview
46:20 Nexgen's low cost mine
49:10 Nexgen's timeline to completing their mine
52:55 Discussing Nexgen's uranium price assumptions
56:30 Why won't this go into mine development hell?
58:40 Nexgen's base case upside

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Brian Laks covers the #uranium and Nexgen bull cases $NXE

Yet Another Value Podcast