Why the uranium sector is just getting warmed up

Following this change of trend, there have been some terrific gains in the sector in the last 24 months. Among the ASX’s largest uranium stocks, Alligator Energy takes the podium for the biggest gain over this time, having increased more than ten-fold, as the chart below shows, to take it from a microcap to a quarter-billion-dollar cap. 

This was not solely the result of a nice commodity tailwind, but also from the shrewd acquisition of a quality asset that the company has been working on. 

In this episode of On The Couch, we talk with Alligator’s CEO, Greg Hall, who has the benefit of more than 35 years of relevant experience to draw from when speaking about the uranium theme, which seems no less bullish today, even after these big moves. 

Move to nuclear accelerating

As the chart below shows, the World Nuclear Association has been projecting an enormous deficit likely to be enough to underwrite a long-term bull market. 

The Ukraine situation has tightened things up even further. Soaring oil and gas prices have pushed governments to shore up their energy supplies, which has forced some fairly dramatic U-turns that have brought nuclear out of the cold and back into the fold. 

Belgium, for example, was about to axe its remaining reactors but has now granted them another decade in operation. There have been similarly bullish declarations from the governments of France, the UK, South Korea, and now Japan. 

Over in the US, which is the biggest user of uranium, the Biden administration has launched a $6 billion program to keep struggling nuclear power stations running. And as the icing on the cake, Finland has just fired up the first new European nuclear power station for decades. It’s all happening.   

Where to from here?

To find out what's in store next, tune into this discussion with a CEO who has been working across the sector over the last few decades. In the last few years, he has played his hand well to propel Alligator from the back of the pack to sit among the largest ASX players in the sector today.   

We hear about:

• the fundamentals of the uranium market, 
• where prices could be heading, 
• several reasons why Alligator Energy has an exciting future, and 
• how its Samphire Uranium project in South Australia is a focal point with some good catalysts in the near future.

For investors interested in this commodity, the "greenification" of the planet, and new nuclear power technology, this podcast will give you some great insights. We thank Greg for participating and hope you enjoy the discussion. 

Please click here to tune in: On the Couch with Greg Hall, CEO, Alligator Energy, talking Uranium and AGE.

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