In an interview on CEO.ca, Alex Klenman, CEO & Director of Tisdale Clean Energy (TCEC.c or TCEFF for US investors), offered valuable insights into the company's approach to uranium exploration amid the current market trends. Tisdale is strategically focused on acquiring and exploring uranium projects in 2024.
Tisdale has made strategic acquisitions like the South Falcon East Uranium Project and entered into a promising partnership with Skyharbour Resources (SYH.v). These moves aim to accelerate development efforts, particularly focusing on the potential of high-grade zones within projects.
Central to Tisdale's plans is its Phase 1 drill program, crucial for meeting obligations with SYH and initiating exploration activities. Klenman emphasizes the importance of this program in building Tisdale's credibility and value, with the aim of attracting institutional support for future initiatives.
Tisdale stands out with its strong capital structure and a focus on development rather than speculative exploration. Klenman highlights in that video that with 29 million shares and no shares issued below 18 cents, Tisdale is well-positioned for potential growth.
Unlike its competitors, Tisdale boasts a lean organizational structure led by geologist Trevor Perkins. The company prioritizes project development over prolonged exploration phases to take advantage of the uranium market while minimizing risks.
Klenman highlights the favorable dynamics of the uranium market, anticipating further price increases that benefit exploratory ventures like TCEC.
Looking forward, Tisdale aims to enhance its visibility, execute drill programs, and secure funding for future exploration endeavors.
Supported by partnerships like SYH and favorable project conditions, TCEC remains committed to maximizing drilling activities and advancing development goals throughout 2024.
Full interview here:
Posted on behalf of Tisdale Clean Energy Corp.