Anfield Resources Explains Advantages in Having Uranium and Copper Assets
In an interview with Peter Epstein, Anfield Resources (TSXV:ARY)
CEO, Corey Dias, cited the following reasons why uranium investors
should consider Anfield versus uranium pure-play companies: quick cash
flow generation without significant upfront cap-ex, and copper assets
serving as a hedge against a potential decline in uranium prices.As quoted in the article:
Why should an investor who is bullish on uranium buy shares of Anfield instead of a pure-play uranium company like Energy Fuels Inc, Uranerz, Uranium Resources Inc. or UR-Energy?
Our model allows for relatively quick cash flow generation without significant upfront cap-ex, extensive permitting times or follow-on sustaining cap-ex. Moreover, our copper assets serve as a hedge against a potential decline in the uranium price. Finally, it could be argued that our copper and uranium assets are complementary, given that uranium is the source of energy and copper is essential to energy transmission.
Click here for the full interview:Click here to see the Anfield Resources (TSXV:ARY) profile.
http://www.au-wire.com/interview-with-corey-dias-ceo-of-anfield-resources-uranium-copper-junior-on-the-move/
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