Hans Peter Zihlmann: Global Uranium Demand Set to Soar
There are not many options when it comes to investing in uranium stocks but Timeless Funds has built a vehicle that acts as a diversified portfolio of everything uranium.
The future of uranium is looking very bright with 66 reactors under construction globally, particularly in China, India and the U.A.E. Saudi Arabia has signed agreements to build 16 reactors by 2032. So the demand for uranium will keep rising.
As more time passes the negative sentiment about nuclear energy generated by the Fukushima disaster is slowly changing. The alternatives to nuclear power, coal and oil, are both heavy carbon emitters and polluters and so there is growing environmental pressure to switch to nuclear power.
Fears over Japan dumping a lot of uranium on the market due to the shut down of their nuclear power plants have receded as they put reactors back into operation.
Before Fukishima the company Cameco Uranium had its stock rise by significantly between 2000 to 2008 then it adjusted down by 70% then rose again by 160% until Fukishima happened. Other uranium mining stock are capable of multi-bagger rises as well.
Talking points from this weeks interview:
• The demand for uranium will keep rising
• Japan is starting its reactors back up
• Is nuclear energy clean energy ?
• Multi-baggers possible in uranium stocks
Mr. Peter Zihlmann serves as Chief Executive Officer at Central Asian Minerals and Resources PLC. Mr. Zihlmann served as an Executive of Teryl Resources Corp. Mr. Zihlmann served as Executive at Linux Gold Corp. He has over 30 years’ experience as an Investment Manager in Switzerland and abroad, including as Head of the Portfolio Management Department at Commerzbank (Switzerland) Ltd and Head of the Zurich branch of Banque Scandinave en Suisse. In 1994 Mr. Zihlmann established his own investment company, P. Zihlmann Investment Management AG. He serves as a Director of The Timeless Precious Metal Fund (“Timeless”), The Timeless Energy Fund and The Sierra Madre Gold & Silver Venture Capital Fund. He has been a Director of Central Asian Minerals and Resources PLC since July 1, 2013. Mr. Peter Zihlmann served as a Non-executive Director of Central Asian Minerals and Resources PLC from May 3, 2011 to July 1, 2012. He is a member of the Swiss Association of Asset Managers.