Interesting discussion between Andrew Hines, Head of Research, and Bannerman Energy Chairman, Brandon Munro. If you want to get a greater understanding of nuclear energy this is well worth listening to.
Bannerman Energy Ltd / Shaw and Partners Nuclear Energy, Uranium, Bannerman discussion Bannerman Energy Executive Chairman and Shaw and Partners Head of Research Andrew Hines discuss all things nuclear energy, uranium supply, Bannerman Energy and the Etango Uranium Project. https://lnkd.in/gaDJh9Wa We discuss recent developments in the global nuclear industry and why demand for nuclear power is growing again. We discuss the deficit in uranium supply to meet current demand, let alone the expected growth from the technology industry and small modular reactors. We talk about the lack of new uranium projects ready to be developed post the industry’s decade long hibernation after Fukushima and how Bannerman has positioned itself to be ready to develop the Etango Uranium Project at the perfect time. 0:00 Introduction 0:30 World Nuclear Symposium feedback 2:30 Demand for Nuclear Energy is growing again – technology companies, data centres, Chinese growth, US power demands 10:20 Uranium Supply – Existing supply is insufficient to meet demand 14:29 Uranium Supply – Utilities have not yet returned to replacement level contracting so we have not yet discovered the true incentive price for uranium. Shaw and Partners forecasts that uranium will reach US$150/lb in 2025 18:36 Uranium Supply – there are risks to existing supply which is highly concentrated 21:32 Bannerman Energy – How Bannerman managed the industry downturn 25:00 Namibia – An excellent jurisdiction to build a uranium mine 28:32 Bannerman Energy – building a world class management team 31:35 Etango Uranium Project – Construction has commenced, maintaining optionality and flexibility 33:20 Etango Uranium Project – The contracting approach for a 40 year asset 36:40 Wrap-up and conclusion Brandon Munro Emma Culver Gavin Chamberlain Steve Herlihy Twapewa Kadhikwa Alison Terry Clive Jones Mike Leech Ian Burvill Werner Ewald Ronnie Beevor Conrad Anderson Anthony Wilson Chris Dorney Russell Karlson Sam Christie Mike Stanford Edward Walker Chloe Hayes Peter Kormendy Dorab Postmaster Earl Evans Please be advised that the advice we have prepared for you has been prepared without taking account of your objectives, financial situation or needs. Accordingly, before acting on any advice, you must consider the appropriateness of the advice having regard to your personal circumstances. If the advice we have provided relates to the purchase or possible purchase of a particular financial product, you should obtain a Product Disclosure Statement relating to the product and consider it carefully.