URANIUM ENERGY: When will the breakout come?

is currently trending sideways. Here, too, rising interest rates and the looming recession are likely to have a cooling effect. Electricity consumption is expected to decline with a sluggish economy.However,URANIUM ENERGY is well prepared for the future and plans the operation of nuclear reactors months or even years in advance! Worldwide, there are said to be 427 reactors in operation and 56 under construction; the pressure to build even more is steadily increasing! As in Switzerland, the huge increase in the price of electricity in the USA (and worldwide) is passed on to industry only after a delay. When the price of electricity finally becomes unbearably high and the cry for environmentally friendly solutions becomes even louder, few practical alternatives are likely to remain. By then at the latest, nuclear power plants, which emit no_CO2 and can produce plenty of electricity, should win the ever louder approval of the "sufferers." In addition, the sad war in Ukraine is fueling the fantasy for nuclear energy, unfortunately, one is inclined to say.

As America's emerging uranium producer, URANIUM ENERGY is uniquely positioned to reap substantial profits from the rising price of uranium. URANIUM ENERGY is unhedged, has no contracts at predetermined prices, and is thus the most exposed to the price of uranium compared to any other uranium mining company in the world. The company is the next-generation producer poised to provide low-cost, low-capital fuel for the large U.S. power-generating nuclear fleet. In addition, URANIUM ENERGY has a solid balance sheet and is well prepared in this regard as well. URANIUM ENERGY then expects uranium prices to continue to rise, reaching around USD 60 and even over USD 100 per pound in the medium term. Our target price is USD 4.90!