Daren Heitman (Azarias Capital): Uranium Bull Thesis 101

Value Hive Podcast

I'm excited to share my first episode in my Uranium Industry Primer Series. This week, Daren Heitman of Azarias Capital joined the podcast to discuss the broad uranium bull thesis. Specifically, we discussed:

• Supply-side economics, drivers, incentives, and risks
• Demand-side economics, drivers, incentives, and risks
• How to structure a trade to express a bullish uranium hypothesis
• How to model supply and demand
• Getting to the 80/20 of the Uranium thesis
• The importance of the Fuel Cycle

If you enjoyed the podcast, follow Daren and Azarias on X @AzariasCapital

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