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SAMSO'S TOP INVESTMENT PICKS FOR 2022 ✦ An interview with Noel Ong, CEO, Samso about his views on his top three investment picks
2. What particular trends are you seeing in this sector/industry? There have been a lot of conversations in the past two years about the rise of uranium, but I think 2022 will be the year it leaves the preparation platform. I am not sure if “Lift-Off” is the word to use for the trend, but I think this is the year to position yourself in this sector.
1. What sector/industry are you currently watching and why? I like the uranium sector now. There has been a lot of talk with Green Energy and Green Metals, but the most misunderstood part of the uranium energy industry is that it is the greenest of the so-called Green Energy Evolution. Yes, there is the part of the not so green waste, but this has been a well understood part of the equation for decades. Uranium as a component of the energy scale has the lowest carbon footprint of all. The word Uranium is strikes anxiety and stress and hatred to the “Green” movement but there is now scientific and industry evidence that it is the greenest of the lot. To give context, you can have a read of my recent publishing of the following, Expectations for the Mineral Resource Industry in 2022 - Green Energy and No Emission.
✤ Uranium as a component of the energy scale has the lowest carbon footprint of all. The word Uranium is strikes anxiety and stress and hatred to the “Green” movement but there is now scientific and industry evidence that it is the greenest of the lot.
People may argue that it is too late, but as many wise investors will say, if your thoughts are that this will be an evolutionary change in humanity/ sector, then we are still in the infancy stage. Why do I say that? Well, the word Uranium or Nuclear Energy is now positive these days. The social media information super-highway is now driving a positive narrative. My level of optimism is that it is not less negative but positive. The anticipation of a rising uranium price has been doing its slow and steady rise which is a good sign for sustainability. If my thoughts are correct in a evolutionary move to nuclear energy, then the valuation of some for the companies involved will be multiples where it is now. The issues with metal extraction for uranium is no different than any other metals. The lag time from discovery to production or even resource to production will be lengthy. The onset of the ESG movement will ensure that this process is more compatible with current levels of requirements and expectations. ESG will be a major component factoring the viability of projects and in some degree limit the number of