Robert Blabey

So permitting of new mines, management of mine expansion, things like that take a long time.

And so you have this kind of, you have these colliding factors of less investment, higher regulation, the environmental issues,

this global oversight of where uranium is held, stocked, and managed, all kind of coming together around a backdrop where I believe nuclear will become

will grow in the future.

And certainly in China and India and places like that, they are growing their nuclear plant count.

And I believe the U.S.

will soon start looking to grow its nuclear capacity here.

And I think there's, quite frankly, just going to be a requirement that, you know, power be, you know, great growing power consumption is sort of a reality for all of us.

And where is it going to come from?

I think nuclear will be one piece of that puzzle.

I've been working on a sort of position paper memo recently.

I believe that there's a reasonable chance that the U.S.

puts into place yield curve control in the next three years, call it, during this administration's time in office, and that if yield curve control were to be put in place, you would have a knock-on effect that would impact investments dramatically.

Quite significantly, potentially.

And so there's a lot of elements behind this.

But, you know, just big picture in a simplistic kind of fashion.

We have large federal deficits.

We have a very large deficit to fund.

And interest rates have obviously gone up significantly in the last couple of years.

If the government were to bring the curve down.