Uranium to keep running hot (and 4 ASX stocks to join the party)

Going back to mid-last year, Guy Keller - portfolio manager for the Tribeca Nuclear Energy Opportunities Fund - has nailed the uranium trade. 

I don't say that lightly. Nobody likes a gloater and Livewire is not about pumping up the tyres of fund managers. That said, I have spoken to Keller multiple times since June, and everything he has laid out has come to fruition. 

He has accurately called the ramp in prices and has positioned his portfolio accordingly to take advantage (the Fund returned 35% in calendar 2023 and is up 565% net of fees since inception in July 2018). 

As we all know, however, the next call is the one that matters for investors, and commodity markets are cyclical and, oftentimes, fickle. To know that, one need only look as far as the ramp and collapse in lithium over the past three and a half years. 

So, where are we now and what is Keller doing about it? As you will come to learn in the following Views From the Top interview, Keller remains bullish, noting that; 

Note: This interview was recorded on the 24th of January 2024.

Time codes

• 0:00 - Intro and recap
• 0:57 – Is uranium still investible?
• 1:44 – Kazatomprom supply issues
• 3:27 – The solution to high prices, is high prices?
• 5:30 - 2 ASX stocks to play the theme
• 8:41 - Managing risk and securing gains after the rally
  
• 10:27 - The Developing story
  
• 12:17 - Guy's View From the Top
• 14:44 - A long-term focus, with visibility the key