Going Nuclear with Justin Huhn and Trevor Hall

In this episode of Going Nuclear, Trevor and Justin discuss the implications of the US ban on uranium imports from Russia. They explore the challenges this ban poses for utilities and the potential impact on the price of uranium. They also delve into the recent performance of uranium equities and the technical breakouts in the market. The conversation then shifts to NextGen Energy's controversial decision to take on debt to buy pounds of uranium on the market. Justin provides insights into the company's strategy and the potential benefits of holding physical inventory. Overall, the episode highlights the evolving dynamics in the uranium market and the opportunities and challenges for investors.

Jenifer Avellaneda Diaz, a nuclear energy advocate and engineer for Westinghouse, discusses her passion for nuclear energy and the misconceptions surrounding it. She emphasizes the safety and security of nuclear power and the need for accurate information. Jenifer also talks about the shift in sentiment towards nuclear energy and the growing support for it globally. She highlights the importance of reusing spent fuel and the potential for small modular reactors. Jenifer encourages people to advocate for nuclear energy and contact lawmakers to support its growth. She also mentions the need for a skilled workforce in the nuclear industry.

Kuppy, CIO of Praetorian Capital and author of Kuppy’s Korner blog, is renowned for his sharp insights into uranium market trends. He shares the fundamental shifts that spurred uranium prices from $18 to $106 per pound, asserting that the move could go even higher but warns of volatility along the way. Kuppy contrasts speculative excitement with the realities of supply chains and urges utilities to act swiftly. He also clarifies how rising prices affect energy budgets, emphasizing that fluctuations are part of the natural market dynamics.

Doomberg, an outspoken supporter and critic of nuclear energy, discusses the potential challenges of nuclear energy in 2024 due to a fossil fuel energy glut. The podcast also explores the state of the uranium market, production issues in Kazakhstan, and France's plans for new nuclear plants. They discuss the cost of nuclear energy, its potential for growth, and the role of nuclear power in decarbonization.

We're back to wrap up the final year of the Going Nuclear Podcast with Justin and Trevor. No guest today as the two focus on the incredible year of nuclear energy and uranium equities. Justin opens up about the House Bill which passed to ban the importation of Russian enriched uranium into the US. There are, however, some caveats to this story. All this while the world continues to accept nuclear energy as the best-case scenario for the future of base load energy.

In this episode we welcome in Harry Keeling, Head of Industrial Markets with Rolls Royce Small Modular Reactors. Mr. Keeling provides a backdrop of how Rolls Royce began developing is SMR technology and how it plans to implement its vision with Great British Nuclear well into the year 2050. Mr. Keeling shares insights with Justin and Trevor about the global adoption of SMRs, Rolls Royce's competitive advantage in the SMR marketplace, and why its technology is uniquely adaptable to both current energy infrastructure and future builds.

Justin and Trevor connect for another installment of the podcast after a very wild and bullish month of September for uranium's spot market and its equities. The two cover a number of different topics which were foundational for the move higher in spot price, including a fundamental supply and demand problem for uranium moving forward.

It has been a very eventful summer for uranium and the nuclear energy industry. Not only has spot price for Uranium run over $60 per pound, but the narrative and sentiment surround nuclear energy also continues to improve. Host Trevor Hall and Justin Huhn discuss the moves in price along with some of the micro news out of the sector over the past couple weeks, including news out of the Sprott Physical Uranium Trust. The two then welcom in Adam Rozencwajg of Goehring & Rozencwajg to diccuss their thesis behind investing in the uranium market. The group published a quareter newsletter a couple week ago which broke down the thesis, arguing that the uranium bear market is over and we are now in the very early innings of the next bull market.

In this latest episode of Going Nuclear, Justin and Trevor welcome Jeff Geringer. Jeff has worked in many different roles within the nuclear energy cycle. From mine developer to engineering and fuel buying, Jeff has a wide-ranging approach to uranium and nuclear energy. And in this complex world of improved sentiment and struggling junior equities, Jeff's ideas on the ghost of uranium's bull market past is indeed worth mentioning. Before the interview Trevor and Justin cover a few topics of uranium's geopolitics along with a future supply crunch fastly approaching the utilities.

Today, Justin and Trevor welcome in Bram Vanderelst. Bram is a uranium trader and Director, Head of uranium at Curzon. Curzon is working with Zuri Invest to lauch a new physical uranium investment tool called the uranium Activity Managed Certificate. The Investment objective is to provide direct investment exposure in physical uranium. As the uranium market is highly regulated, the physical uranium is acquired and held by the Special Purpose Vehicle in the name of the Actively Managed Certificate at a leading uranium storage facility. Bram, Justin and Trevor discuss the current physical uranium market and why this current setup is being seen as very bullish for the spot price. We also talk about the benefits and risks of bringing another uranium investment tool to the market and how utility companies may be watching closely at these developments.