The replay for Bloor Street Capital's Uranium conference was recently released. Skyharbour Resources (SYH.v SYHBF) CEO, Jordan Trimble, was one of the presenters. His main points included:
Diverse Portfolio: SYH has a diverse portfolio with a focus on high-grade uranium exploration. They are actively involved in the exploration and discovery process at their flagship projects.
Prospect Generation: The company employs a prospect generator strategy, which involves partnering with other companies to explore and develop secondary and tertiary projects. This strategy enhances the company's value and minimizes equity dilution.
Partner Agreements: SYH has signed eight option agreements with partner companies for their secondary projects. Two of these agreements have transitioned into joint ventures, and more partnerships are expected.
Strong Financial Position: The company is well-funded with around $4.5 million in the treasury. They receive cash payments and share issuances regularly from partner companies, and over the next 24 months, they anticipate receiving a significant amount of cash and stock if partner companies complete their earnings.
Upcoming News Flow: SYH is expecting a busy 6 to 12 months ahead. They are awaiting news on drill results from their flagship Russell Lake Uranium project, and they plan to continue drilling through the next year. Additionally, there will be more drilling at their other flagship project, Moore Lake, following a mineral resource estimate.
Potential for Discoveries: The company's objective is to offer exposure to multiple potential uranium discoveries in the Athabasca Basin across various projects.
In summary, SYH has a strong financial position, a diverse portfolio, and a prospect generator strategy that aims to create value and minimize equity dilution. The company is actively involved in exploration and has a promising news flow ahead
Full presentation here: