Sprott Physical Uranium Trust: War Makes Uranium Trade Too Risky For Now

Summary

  • Risk increased exponentially with Russia’s attack of Ukrainian reactor.
  • Uranium prices now face asymmetric downside risk.
  • Best to wait until situation stabilizes before committing capital to the sector.
Periodic Table Uranium

JacobH

Thesis

Several days ago, I published an article entitled Go Long the Nuclear Revival which concluded by recommending investing in uranium through the Sprott Physical Uranium Trust (OTCPK:SRUUF). While the reasoning and arguments made in the piece still

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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