Uranerz Energy Corp.

Uranerz Energy Corporation is a U.S.-based uranium company focusing on near-term, commercial in-situ recovery (ISR) production in Wyoming—the country's largest uranium-producing state. Its management team has specialized expertise in the ISR uranium-mining method and has an excellent track record of licensing, constructing and operating commercial ISR uranium projects. Uranerz has already entered into long-term uranium sales contracts with two of the largest nuclear utilities in the U.S., including Exelon.

Expert Comments:

"Energy Fuels recently announced its acquisition of Uranerz Energy Corp. I think it's probably just the right move for the two companies. Uranerz had a long road to finally reach production, but sometimes you get a management group that's ultimate goal is to prove concept and then sell to a company that can move it forward. I think that's what has happened here. Dennis Higgs, the executive chairman of Uranerz, will be on the board of the new company. He brings a lot of capital markets experience to the company, but he will also be able to do other things as well. That's ideal for him." read more >

"The safest way to play equities in an increasing uranium price scenario is to stick to companies with legitimate and permitted deposits in relatively safe jurisdictions. Uranerz Energy Corp. has put its Nichols Ranch project in Wyoming into production recently. Although around half of the production has been sold forward at prices between about $45 and $60/lb, this is still a leveraged play on the uranium price. I think that's one to watch." read more >

"The key is finding the lowest-cost near-term producers. I am still tracking Uranerz Energy Corp., as an example. The company recently achieved commercial production from its in situ projects in Wyoming and is one of the few companies that can operate in the current low uranium price environment." read more >

"Uranerz Energy Corp. just started production and sales. We look forward to seeing its cost performance. But as we have been pointing out for quite a long time, there is an unavoidable supply deficit approaching. Uranium producers stand to benefit most. Uranerz is well positioned for earning long-term profits. . . last March, there was a lot of positive sentiment behind uranium. The prevailing analysis was that uranium was set to move this year because of Japanese restarts. Unfortunately, that did not come to pass. There were a lot of delays with the Japanese restarts, and the uranium sentiment turned sour. At that time, Uranerz was receiving final approval and moving to go into production. Passing through that gateway, plus the positive sentiment toward uranium, contributed to the big rise in March. And in early November Uranerz jumped again, due to the re-emergence of positive sentiment on uranium and the fact that Uranerz is now selling yellowcake." read more >

Rob Chang, Cantor Fitzgerald (11/11/14)
"Uranerz Energy Corp.'s Q3/14 earnings announcement happens to be the first ever revenue quarter from the sale of uranium in its corporate history. . .a total of 97 Klb uranium was captured at the Nichols Ranch processing facility. . .revenues [were] $3.9M."

Rob Chang, Cantor Fitzgerald (11/10/14)
"We are maintaining a Buy recommendation on Uranerz Energy Corp. . .over the past six months major milestones were achieved at the wholly-owned Nichols Ranch property in Wyoming. . .on April 15, the company announced the commencement of uranium mining operations. . .the first uranium resin was shipped on June 15 to Cameco's Smith Ranch uranium processing facility for final conversion into uranium concentrate. . .on Sept. 16 it was announced that Uranerz had completed its first uranium sale. . .we expect nearly 500 Klb uranium to be produced in this year of initial production."

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Investing Highlights
 
Newest uranium producer in North America
 
Control a large strategic land position in the Powder River Basin
 
Signed premium offtake agreements with U.S. utility companies
catalyst Calendar
Q2
2015
Complete first year of production
Uranerz Energy Corp. Content