The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
Dahlman Rose Initiates Coverage of URZ
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ANTHONY YOUNG, Dahlman Rose & Co.
(02/09/2011)
"We are initiating coverage on Uranerz with a Buy rating and a $7.50/share price target based upon our NAV analysis. We like the leverage that Uranerz earnings should exhibit toward movements in uranium prices. Given our anticipation that uranium prices should move significantly higher over the near term, we anticipate that the shares should benefit from this move in the underlying commodity. Commencing construction activity should provide a catalyst to the shares. We anticipate that the company should receive its last permit around February 28, 2011 and that it should be able to start construction shortly thereafter. We anticipate that construction of Nicholas Ranch should take ~15 months and that production should commence in mid-2012. We expect the company will ramp-up production from satellite projects over the remainder of the decade. Nicholas Ranch will be the company's first development project. Given its reserve base and significant land holdings in the Powder River Basin in Wyoming, we anticipate that Uranerz will develop several satellite projects in the region, which should meaningfully increase uranium output." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
"EFR is well positioned to benefit from higher uranium prices." (12/22/15) Energy Fuels Inc. - The Energy Report Interview with Rob Chang More >
"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >