Episode 251: Cameco blames Q2 loss on ‘oversupplied’ uranium market, but sees ‘better days ahead’

This week's episode features Cameco's Q2 conference call with CEO Tim Gitzel, who discusses the company's ongoing challenges with low uranium prices. Despite optimistic forecasts for a uranium supply crunch, Gitzel explains how the market remains oversupplied, with the company continuing its strategy to buy uranium off the spot market to reduce available supply. He also discusses how the European Union has become more favourable towards nuclear energy as a means of achieving 'net zero' carbon emissions.  All this and more with host Adrian Pocobelli. Music Credits: “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0/