In a recent interview with Gerardo Del Real of Resource Stock Digest, Alex Klenman, the CEO of Tisdale Clean Energy (Ticker: TCEC.c or TCEFF for US investors) , shared insights into the uranium market and Tisdale's strategic positioning within it.
Many analysts and industry experts believe we are experiencing a commodity supercycle underway, encompassing various minerals like copper, gold, silver, lithium, and uranium.
Uranium's swift rise from $70 towards $110 per pound, followed by a consolidation around in the high $80's per pound. This stabilization is seen as healthy, indicating a solid base for the next upward surge, potentially surpassing the $110 mark.
Such data-backed analysis suggests a promising trajectory for uranium prices, aligning with Tisdale's interests as it progresses its drilling initiatives.
By drilling into known zones at the South Falcon East uranium project, Tisdale aims to confirm and expand upon past uranium mineralization findings. The initial drilling results reveal grades of up to 0.11% uranium over significant intervals, affirming the project's potential.
Looking ahead, Klenman outlines Tisdale's future plans, including further drill programs to explore additional zones within the project area.
These plans are underpinned by the company's unique advantage of possessing tangible assets on the ground, setting it apart from many competitors in the uranium space.
Overall, the interview underscores the importance of data-driven decision-making in navigating the complexities of commodity markets.
Tisdale's strategic approach, backed by hard-number findings, positions it favorably to capitalize on the anticipated growth in uranium demand.
Full interview here:
Posted on behalf of Tisdale Clean Energy Corp.