Hi friends,
here is my interview from this morning with Andrew Ferrier, Managing Director of Okapi Resources (ASX: OKR / OTC: OKPRF), a company with exposure to both uranium development and enrichment.
This company is very interesting considering the size and the business strategy. They own Tallahassee uranium project that holds a JORC Resource of 49.8 Mlbs U3O8, six Athabasca Basin projects, Rattler uranium project located within the recognised La Sal Uranium District in Utah and some 85km north of Energy Fuels Inc’s White Mesa Uranium/Vanadium mill in Utah.They also hold Maybell uranium project in Colorado with historical production of 5.3Mlbs of U3O8 as well as Enmore Gold Project in New South Wales.
Enjoy the interview.
Lucijan
Video content:
0:00 Intro
0:43 - 2:33 Andrew Ferrier background
2:34 - 3:45 Enrichment segment overview
3:36 - 4:55 Objectives, hurdles, timeline
4:56 - 6:54 Advatnages over Silex and Centrus
6:55 - 7:58 Stage of development
7:59 - 9:07 Future revenues for the company
9:08 - 12:22 Tallahassee uranium project
12:23 - 13:21 Accessibility and infrastructure
13:22 - 14.17 Production time frame
14:18 - 16:47 Athabasca Basin projects
16:48 - 17:29 Drilling timeline
17:30 - 19:14 Rattler uranium project
19:15 - 20:11 Cooperation with neighbor companies
20.12 - 21:39 Maybell uranium project
21:40 - 22:23 Accessibility and infrastructure on Maybell
22:24 - 22:37 Enmore gold project
22:38 - 26:02 Focus for the future
26:03 - 27:10 Cash balance, managing cash
27:11 - 28:22 Difficulties in raising money for juniors
28:23 - 30:00 Share structure
30:01 - 31:18 Okapi team
31:19 - 33.16 News flow timeline
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