US Nuclear Energy Transition Needs Wyoming Uranium Projects
Wayne Heili, CEO & MD, Peninsula Energy and Bruce Lang, CEO, GTi Energy are both uranium junior mining companies with assets in Wyoming, USA. Given the increased awareness of jurisdictional risk in mining and the energy resurgence and transition, we decide to look at Wyoming and its contribution to the nuclear and uranium narrative. Is it a mining-friendly state and can uranium ISR companies thrive there? These two CEOs lay out the story for Wyoming. Do you agree with what they have to say on the matter? Peninsula Energy looks to get in production (again) in mid 2023. What are the barriers they faced? And what is the upside to timing the market for this year. They have the benefit of having term contracts from utilities. GTI Energy is an earlier stage uranium explorer but having bought $15M of existing drill data they are hoping to be able to fast track their project.
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