UEC In The Media
Dear Shareholder,
Last Friday, both The Wall Street Journal and Forbes magazine published excellent articles about the surging uranium sector. Our CEO, Amir Adnani, was quoted in both articles. The sections that include Amir’s statements follow:
As stated in Forbes:
Another interesting alternative is Uranium Energy, the newest member of the producer's club. Amir Adnani, the miner's CEO, recently told the Wall Street Journal that "China's not even taking a breather in constructing reactors…they are starting to prove everyone that they are quite serious about creating a nuclear fleet," and his company plans to take advantage of it. Uranium Energy, which will be installed in the S&P/TSX Mining Index Dec. 20, will reap the benefits of its huge database of historic uranium exploration and production in Wyoming and Texas…
As stated in The Wall Street Journal:
The recent upswing looks encouraging to Amir Adnani, chief executive of Austin, Texas-based Uranium Energy Corp., the world's newest member of the small club of uranium producers. Mr. Adnani has been anticipating a revival in the industry since he created his company five years ago, and says the industry fundamentals look better now than they did in 2007.The Russian deal is still ending in 2013," he says. "China's not even taking a breather in constructing reactors.… They are starting to prove to everyone that they are quite serious about creating a nuclear fleet."
Says Mr. Adnani, "Overall, you've got the same fundamental drivers [as in 2007], except today they are a lot more real, a lot more within reach."