Interview with James Sykes, CEO of Baselode Energy (TSX-V: FIND)
Our previous interview: [ Ссылка ]
Recording date: 25th May 2023
Baselode Energy, led by CEO James Sykes, is engaged in uranium exploration in the Athabasca Basin area of Northern Saskatchewan. The region is renowned for its abundant high-grade uranium deposits, making it an ideal location for their operations. Baselode Energy is particularly fortunate to have access to shallow uranium deposits at their Accio Discovery site.
The company has recently embarked on a significant 10,000-meter drill program. Their primary objective is to expand upon the promising results obtained from previous drilling activities at Accio and potentially make new discoveries in the area. The program is expected to contribute to the further definition of the mineral resources and uncover additional high-grade uranium deposits.
0:00 - Company overview
0:51 - Being fully funded for the rest of 2023
2:58 - Target amount of capital to be raised
3:40 - Type of money subscribed in tranche one
4:06 - Overview of the new investors in the uranium space
4:55 - Perspective on the current mood in the uranium market
7:53 - Reason for doing a drill program despite the lack of attention from the market
9:41 - Goal of the drill program
16:11 - Things that can affect the development timeline
17:25 - Updates on the drill program
23:39 - Projected news flow for the rest of 2023
24:50 - Outro
—
Crux Investor is an investing app for busy people. For a small, monthly membership fee you’ll receive a single stock recommendation each month, curated by industry experts and presented in a clear and focused one-page memo. Head to Crux Investor to learn more and to sign up for your time-saving, stress-slaying membership today.
Learn more: [ Ссылка ]
Sign up for Crux Investor: [ Ссылка ]
