Company Interviews

Denison Mines (TSX: DML) - Every Breath, Every Hour Has Come to This


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Interview with David Cates, President and CEO of Denison Mines (TSX: DML)We catch up with Denison Mines CEO, David Cates. So what has changed since we last spoke to him in February. Well a lot. The spot price of uranium is up about 80% to around $34/lbs; the market crashed and partially recovered and COVID-19 has dramatically reduced the world's production of uranium, with closures to most of the main production facilities. So what does it mean for Denison. We happen to like their chosen business model of small CAPEX, early to production on their Phoenix asset. Their long pole in the tent is permitting. Can they get permitted for their ISR project. ISR is commonly used across the globe, but has not yet been used in Canada. First Nations will be concerned and need convincing. There have been long lead times associated with permitting in Canada, decades.If they can get an indication that this project will get permitted and when, then this part of their business plan has very attractive economics. An all in cost of less than $10/lbs make it work leading. Helped entirely by the high-grade.Let us know what you think of Denison and Cates. Do you think they will get permitted?  Company page: https://www.denisonmines.com/Make smarter investment decisions, subscribe here: https://www.cruxinvestor.comFor FREE unbiased investment information, follow us on Twitter, LinkedIn and Facebook:https://twitter.com/cruxinvestorhttps://www.linkedin.com/company/crux-investor/https://www.facebook.com/cruxinvestorTake advantage, hear it here first: https://www.youtube.com/CRUXinvestor
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