You spent a lot of words to conclude that energy is the difference maker between modern western standards of living and whatever else there is and has been.
Trial and error content-creation using generative AI, whether or not it creates any real-world value, consumes a lot of electricity.
This electricity demand is likely to translate into demand for nuclear power.
When this demand for nuclear power meets the undersupply of uranium post-Fukushima, higher uranium prices will result.
More supply and lower prices will result.
Not unlike the recent few years in (say) lithium, anticipated demand surged exploration and development, actual demand didn't meet anticipated demand and a number of developed economicly feasible resources were shuttered .. still waiting in the wings for a future pickup in demand.
Look at how long NexGen's Rook 1 Arrow is taking to develop (https://s28.q4cdn.com/891672792/files/doc_downloads/2022/03/...). Spend an hour listening to what Cameco said in its most recent conference call. Look at Kazatomprom's persistent inability to deliver the promised pounds of uranium, their sulfuric acid shortages and construction delays.
Uranium mining is slow and difficult. Existing demand and existing supply are fully visible. There's a gap of 20-40 million pounds per year, with nothing to fill the gap. New mines take a decade or more to develop.
It is not in the slightest like lithium.
Would two decades in global exploration geophysics and being behind the original incarnation of https://www.spglobal.com/market-intelligence/en/industries/m... count?
> Once you know the facts we can talk again.
Gosh - that does come across badly.
When someone compares uranium to lithium, I know I'm not talking to a uranium expert.
All the best to you, and I'll try to be more polite in the future.
Clearly you're a better expert.
> when someone compares uranium to lithium, I know I'm not talking to a uranium expert.
It's about boom bust and shuttering cycles that apply in all resource exploration and production domains.
Perhaps you're a little too literal for analogies? Maybe I'm thinking in longer time cycles than yourself and don't a few years of lag as anything other than a few years.
You are well-prepared to familiarize yourself with the current supply/demand situation. It's time to "make bank", just like you did in 2007... only more so. The 2007 spike was during an oversupplied uranium market and mainly driven by financial actors.
I invite you to begin by listening to any recent interview with Mike Alkin.
Good night and enjoy your weekend.