Uranium Energy Corp UEC

RE:Amir Adnani

[GSTbay1060]

This is taken directly from the UEC website. I personally do not think that their total USA based production will be online in a year and a half. Just the one they are currently restarting.. UEC is a longer term play than one week.. As many other developers in the Athabaskan basin have not even finished the permit application process.. Even just with this restart they will be printing cash.. To be used to forward other projects and pay bills so there is less dilution.. When all of the USA projects are operational then they will invest in the basin.. They will probably get some permits beforehand as that is less capital intensive than building a mine.
Glta
dyodd
The Company stands ready to re-start in-situ recovery (ISR) production from its licensed and operational facilities in South Texas and to start ISR production in Wyoming with even a modest uranium move. With production-ready capacity of 8.5 million pounds U3O8 per year more than is produced in the U.S. in total at present and a substantial pipeline of additional projects, UEC is the next-generation producer, ready to provide low-cost, low-capital fuel for the country’s large electricity-generating nuclear fleet