The Conversation (2)
Seeking Alpha(Editorial) reports on Alka Singh’s positive view on the uranium sector in the long term.
Seeking Alpha(Editorial) reports on Alka Singh’s positive view on the uranium sector in the long term.
The editorial is quoted as saying:
TER: Are some companies going to do better than others based on their size, their stage of development or their geography?
AS: That’s an excellent question. The companies that are already in production with all their permits and most of their long-term contracts in place are the best companies to own right now. The long-term contracts have already been signed, so the utilities are actually paying the set price for the next five to eight years. Typically, companies that are already in production tend to sell about 70% to 80% of their production on these long-term contracts. Only 10% to 15% of their production is sold on spot prices. So companies already in production with low cash costs and long-term sales contracts in place are the types of companies that you would want to own.
