Business
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 3rd 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