Uranium Energy Corp. UEC

Energy

Uranium Energy Corp. (UEC: NYSE American) is an independent U.S. uranium mining company. UEC controls 104M lbs. of qualified resources and a fully permitted uranium processing plant in South Texas. The Company has a potential production profile of 4 million pounds of U.S.-origin U3O8 per year with room to expand. Chairman is former U.S. Energy Secretary, Spencer Abraham.

NYSEAM:UEC - Post by User

Uranium Energy Corp.

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Post by mangoeon Mar 07, 2024 8:44pm

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Post# 35921824

⚡️During the 2002-2007 #Uranium bull market there was no ❓

John Quakes

@quakes99 -

During the 2002-2007 #Uranium bull market there was no supply deficit, no #Nuclear Renaissance, no global #TripleNuclear pledge, no demand for #CarbonFree #energy, no #AI explosion creating a 10X demand for 24/7 reliable clean #electricity, but there were about 500 companies identifying as #Uranium plays with a combined Market Cap of about $150B. Today, about 150 companies claim to have an association with Uranium, with a combined Market Cap of around $70B.

Q. Does the peak 2007 Market Cap of the Uranium Sector need to be inflation-adjusted in order to determine the amount of potential upside still available today as U prices rise to the 2007 inflation-adjusted peak of $216/lb? Asking for a bullish friend.