Tim Rotolo, CEO, North Shore Global Uranium Mining ETF--URNM. Why uranium is rising and why now.

Bakes’ Takes Podcast Tuesday 9/21/21

 

30 Tim Rotolo, CEO and Founder, North Shore Indices, Inc.  (Global Uranium Mining ETF—URNM)

 

Questions/Themes

 

1:02 Please tell me/us your path. How did you found North Shore Global Uranium (URNM) or how did it find you?

 

What was the inspiration/catalyst?

 

How meet Michael Alkin? Uranium expert, CIO of Sachem Cove

 

 

 

15:24 URNM—7/20 $30, $50-$98 last month, pullback to $79 level mentioned on show releasing today

 

15:49 My dad asked yesterday, why is uranium going up, and where is it mined?

 

18:11 Quarterly rebalance, how? No, now semi-annually.

 

20:30 Why 82.5% miners, 17.5% physical uranium?

 

22:00 How much market cap available? $35B

 

22:35 Only pure play, please elaborate on “tilted junior miners.”

 

24:00 Green energy, supply deficit, growing demand—Changes to original thesis?

 

28:40 Please explain what Sprott Physical Uranium means for the market.

 

From Zero Hedge—Sprott has acquired $2.7M pounds, 200,000 pounds/day, 1/3 of global production.

 

URNM owns, correct? Latest 3^rd largest, 8.37%. Bought day one?

 

Utilities response?

 

$6.3B annual consumption, 180 million pounds at $35/lb.

 

Sprott $85 million in 13 days

 

37:32 URNM--Flows, AUM now?

 

Wall Street Bets?

 

41:41 Last week, Taro Kono, Japan’s next PM, need to restart nuclear plants to achieve carbon neutrality by 2050

 

Old PM stepping down, bullish for Japanese stocks

 

Rising demand

 

Premium/Discount History? Now?

 

45:25 Ooh La La—advice for 23-year-old Tim?

 

Please reach out to URNM

 

https://urnmetf.com/news-views

 

Twitter @N_S_Indices

 

@URNMetf

 

LinkedIn https://www.linkedin.com/company/urnm-etf/

 

Thank you.

 

Bakes