Stay Ahead of the Competition - Free Exclusive Small Cap Reports Straight to Your Inbox

Oberon Uranium Corp.

Published on:


UN Report: We Need More Nuclear Power to Avoid Climate Catastrophe

The World Needs to Spend $73 TRILLION to Get Off Carbon-Based Power. Only One Industry is Ready to Deliver.
Nuclear power isn’t just the most efficient power source we have today. Contrary to popular myths, it’s also as safe as wind power, produces fewer carbon emissions than solar, and is capable of powering entire cities.
Nations are building nuclear power plants again – as are US states. Uranium prices have nearly doubled since July. But the US produces almost none of this crucial strategic metal — a national security concern. 
Oberon Uranium Corp (CSE:OBRN) plans to change that. With a stake in the richest uranium field in the world, and 14 claims on a proven mine, this microcap is poised to take full advantage of the $4.2 billion recently allocated to developing nuclear power.

The Opportunity in Five Minutes

World leaders are making a concerted effort to rapidly reduce consumption of carbon-based energy. Industry experts estimate the total cost will reach $73 trillion by 2050. That may seem like a lot of money — and it is. But it’s a tiny fraction of the cost of continuing business as usual.
This transformation won’t be solved by a single clean energy source — but through a combination of them all. Solar, wind, and hydropower have their place — but no clean technology currently available can create large-scale multi-megawatt plants like nuclear.
Nuclear power is, contrary to popular belief, one of the safest forms of power generation we have, second only to solar.

Chart, bar chart

Description automatically generated

Nuclear power is also one of the cleanest forms of power we have — with a lower carbon rate than solar, hydro, or even off-shore wind — which all consume carbon during manufacturing.

Description automatically generated with medium confidence
Byproducts are not nearly as risky as once thought. Used fuel is solid, and thus easier to manage than gaseous emissions — all waste is completely and easily contained. And new technology is allowing us to recycle spent fuel and use it again — getting up to 100 times more use out of it, and reducing waste by a similar amount.

World leaders are making a concerted effort to rapidly reduce consumption of carbon-based energy. Industry experts estimate the total cost will reach $73 trillion by 2050. That may seem like a lot of money — and it is. But it’s a tiny fraction of the cost of continuing business as usual.

This transformation won’t be solved by a single clean energy source — but through a combination of them all. Solar, wind, and hydropower have their place — but no clean technology currently available can create large-scale multi-megawatt plants like nuclear.
Nuclear power is, contrary to popular belief, one of the safest forms of power generation we have, second only to solar.
Even today, the byproduct is so small, that it all could be contained in a single football field, filled to less than 10 yards depth. Compare that with the 1.7 billion tons of carbon dioxide produced by US power generation last year.

Thanks to the marriage of need, safety, and availability, nuclear is undergoing a major boom — and with it, uranium. Investors like Warren Buffett, Li-Ka Shing, and David Shaw are pouring in. The White House just announced a $4.2 billion investment in nuclear power. Germany is halting its proposed nuclear plant shutdowns. Japan is bringing more of its nuclear power back online. France is racing to get to 80% nuclear power. Indeed, numerous countries — led by China — are pushing for a massive nuclear power plant buildout. Closer to home, numerous US states are repealing bans on nuclear power and planning new power plants. Even Wyoming and West Virginia — longtime coal states — are opening to nuclear, with Wyoming building a plant that will start producing power in 2029.

Uranium prices have nearly doubled since July. The price of uranium is difficult to fix, as uranium isn’t spot-traded, but rather has prices set with long-term contracts signed by utilities. That said, it is currently valued at around $50/lb. That leaves plenty of room to run, as the older plants throughout America are still profitable at $60/lb. Newer, second-generation nuclear plants, up to 100 times as efficient, can operate profitably at much higher prices.

Uranium production in the US is in a sorry state. In 2021, the US only produced 21,000 pounds of uranium — an 88% drop from 2019. Making matters worse, investment in uranium mining has been lagging, dropping 17% last year.

Oberon Uranium (CSE:OBRN) is leading the charge to reverse that, and help the US secure a domestic supply of this strategic metal. The Pretty Boy Mine in Arizona is located in the middle of a rich uranium field, and has been in operation on and off since 1956, going quiet during times of low uranium prices. The concentration of uranium found there is 1.2-1.7g/tonne — making this one of the richest known uranium fields in the US. Oberon is about to drill its 14 claims in the Pretty Boy Mine, and prove more of the metal already known to be in the ground.

Project 92 — Oberon’s other project, in Saskatchewan— is close to Cameco’s McArthur River Mine, the richest mine in the world. In fact, this area in Saskatchewan — the Athabasca Basin — is home to the richest uranium deposits on earth, with multiple other mines near Project 92. Cameco discovered the nearby Fox Lake Deposit in 2013 as well, and CanAlaska Uranium Ltd. is currently developing a property directly adjacent to Oberon’s claim. CanAlaska has already discovered extremely rich veins, with levels reaching 25.40% U3O8 at their highest concentration, with many drill holes finding more modest — but still wildly profitable — grades at other sites. Oberon expects to find similar at Project 92, which will undergo exploratory drilling next year.
Oberon’s management team is second to none. CEO John McCleery has 40 years of experience in the mining and exploration sector, and has spearheaded numerous projects, including the largest molybdenum project ever discovered in Mexico. Chief Geologist Warren Robb has over 35 years experience in the field, and has found everything from gold to diamonds to base and strategic metals, across multiple continents.

Seasoned, well-rounded professionals like these are turning to uranium for a reason. Lithium may get the press, but uranium is just as crucial a metal for a clean energy future. Yet exploration and discovery is down, while demand is rising. This is the ideal set up for a uranium bull run — like the world saw in the 1950s and the 1970s. And it is just beginning today.

Oberon Uranium (CSE:OBRN) is perfectly placed to ride this bull run to much higher valuations. Mining and Exploration company Uranium Energy has two mines licensed and operating in Texas and Wyoming, and has a market cap of around $1.2 billion. But today, you can invest in Oberon Uranium before its discoveries are announced, at a market cap around $20 million.

Why Nuclear? Why Now?

Our civilization is in the early stages of the greatest transformation it has ever attempted.
A mad dash to switch our complex energy system to clean fuel.

Just about every nation on earth has committed to becoming carbon-neutral over the next 20-30 years.
But just about every nation is behind where they need to be.

That’s why so many are now starting to throw serious money at the issue.

The world in total spent $755 billion transitioning to clean energy in 2021, up 27% from the previous year.
And the future holds further substantial increases. In total, researchers at Stanford University believe it will take $73 trillion to transition to clean energy by 2050.

The United Nations, on the other hand, believes it will cost $125 trillion...
Whatever the actual number winds up being, countries are ramping up spending today.

In the US alone, large parts of the recently passed Inflation Reduction Act are aimed to stimulate the clean energy transition — like the $10,000 tax credits for anyone who buys an EV, or significant money put towards America’s infrastructure.
Or the $4.2 billion earmarked to develop nuclear power. 

Today, about 20% of US electricity comes from nuclear. That makes it, by far, the biggest source of carbon-free energy in America today. Still, in future years, that percentage needs to increase.

That’s because, despite impressive advances, solar can’t transition us from a carbon-based economy alone. Hydropower can’t do it alone. Neither can wind power.

Only utilizing every tool can we transition away from oil, coal, and natural gas.
And nuclear is an essential part of the mix.

Indeed — it might be the most potent tool in our toolbox.

Safe, Clean, and Efficient

How are planes like nuclear plants?
They both are subject of elevated, unfounded fears.
Just as planes are the safest form of transportation, nuclear is amongst the safest forms of energy production.

It is also one of the cleanest. Nuclear production gives off no emissions.
There is some carbon used in the construction of plants — but even including those costs, nuclear uses less carbon than solar, hydropower, or off-shore wind.

Spent fuel is solid, making it relatively simple to contain. And there’s a lot less of it than you think.
Nuclear power is approximately one million times as energy-dense as coal. All of the spent fuel the US has ever produced could fit on a single football field, 10 yards deep.

And, with recent advances in nuclear generation, much of that spent fuel can be recycled and used again. New tech allows us to wring 100 times as much energy out of uranium fuel as early generation power plants did.
It also doesn’t suffer the issues of other clean energy tech. Namely, nuclear works whether the sun is shining or not, whether the wind blows or is calm.

In fact, nuclear plants have the highest capacity of any fuel — even doubling coal plants.

2020 U.S. Capacity Factor by Source

That means nuclear can run at max capacity more than 92% of the time. In effect, 1 gigawatt nuclear plant could replace more than two gigawatt coal plants.

This is why nuclear is a linchpin in our transition to a clean energy future. 
It can produce massive amounts of electricity — and a single plant can run for 40 years or more (uranium is replaced every five years).

It can act as guarantor of energy until we master battery tech for solar and wind.

And it can do it more safely, more efficiently, and using less carbon than any other solution.

No wonder we’re at the early stage of a bull run for nuclear — with 60 new plants under construction, and more planned. 
The IEA sees a 26% growth in nuclear power over the coming years, if we’re to have hope of achieving carbon neutrality.
That means we aren’t just at the start of a bull run for nuclear energy.

We’re also entering a bull run for nuclear fuel — uranium.

The Early Stages of the Bull
Uranium is an unusual metal.
As a strategic resource — with uses besides energy production — the uranium supply is tightly controlled.

There is no spot price. Instead, prices for uranium are set by long-term contracts signed by utilities.
Still, prices are monitored by investors.

And they’ve been shooting up — nearly doubling since July.

This is part of a secular pattern that has ruled uranium prices ever since nuclear power was discovered. That is, until relatively recently.

Demand stagnated. And, consequently, investment in uranium resources has dried up.

Last year, investment in exploration and discovery had dropped 17% from 2019 levels (covid interrupted the data in 2020).
But, with demand for nuclear fuel now growing again, so is interest in uranium exploration.
This is the traditional starter’s gun for a secular bull — when demand rises, and supply is shrinking.
That’s why the US government is dropping $4.2 billion into nuclear development.
And much of that will be spent on securing America’s uranium supply.
Because, today, the US doesn’t produce very much.
In fact, out of 48,332 tonnes of uranium produced worldwide in 2021, the US only produced 8 tonnes.
And worldwide production itself has dropped about 10,000 tonnes in the past ten years.

Since uranium is a strategic resource — and most of it is produced in countries outside America’s sphere of influence — it is critical we secure domestic production.
In short, we need more fuel, especially in North America — and we’re producing less.
This is the perfect time to invest in uranium exploration and production.

The Right Investment In A Secular Commodity Bull Run
Oberon Uranium (CSE:OBRN) has spotted this opportunity, and pounced.
Oberon is a young company, listed in late 2022. It’s management has experience with many metals — both base and strategic. But they know that now is the time to invest in uranium.

Oberon’s first project is in Arizona — the Pretty Boy Mine.
This is a proven uranium mine. It was first tapped in 1956, and produced as long as the uranium market was in a bull.

When it cooled, the mine was mothballed. It came awake again in the 1970s, but has been dormant since.
This isn’t because Pretty Boy is tapped out. Far from it.

Rather, the mine has only operated during uranium bull markets.

That’s why the management team purchased it, and is currently readying it for production again.

This location contains nearly all the uranium in Arizona. Formed during the precambrian age, the Dripping Springs Quartzite formation is exposed at the Lucky Boy Mine, bringing uranium close to the surface.


Description automatically generated
This location has produced uranium at 1.2-1.7 g/tonne, and is ready to do so again.

Beyond the known uranium in the ground, Oberon will begin drilling in the next 3-6 months in other nearby locations with similar, promising geology. All told, Oberon owns 1,000 hectares in this uranium-rich corner of Arizona.

It will be 6-9 months before Oberon will be able to give an estimated reserve calculation — which is why you can still invest in Oberon while it has a market cap under $20 million.

Similar companies, sitting on similar mines with proven reserves, have valuations over $1 billion.

Pretty Boy will be the first project to come online. But, once Oberon’s project in Saskatchewan is developed, Pretty Boy may prove the junior property.

That’s because, in the uranium-rich Athabasca Basin, Oberon owns 6,000 hectares in the richest uranium deposit ever found.
To give an idea of just how uranium-rich this area is, Pretty Boy is a profitable mine with a concentration of 0.17% U3O8 (the uranium isotope that power plants need).

In the Athabasca Basin, Cameco’s McArthur River mine comes in at 13.5% U3O8.

Nearby, Cameco found another deposit near Fox Lake, with concentrations at 8.99% U3O8.

And a project owned by CanAlaska adjacent to Oberon’s Project 92 has found concentrations as low as 2.5%, up to 25.4%.

These are exceptionally high numbers — much higher than found anywhere else in the world.

And Oberon’s Project 92 is right in the middle of it.

Exploratory drilling is planned for next year. If and when Oberon finds deposits of similar quality and can state proven reserves, we can expect the company’s value to increase by multiples.

Financing is already in place for all the necessary drilling. Most of the permitting and licensing is done.
If you want to invest in this emerging bull market, it is hard to find a better vehicle than Oberon Uranium Corp (CSE:OBRN).

Talk to your financial advisor to see if this investment is right for you.



Digital Marketing Agency of Record: GloBull Technologies Inc., (“GloBull”). 

1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 

2) The Article was issued on behalf of and sponsored by Oberon Uranium Corp. (CSE:OBRN). GloBull, has or expects to receive from Oberon Uranium Corp. (CSE:OBRN)  ZERO COMPENSATION for 30 days (22 BUSINESS DAYS).

3) Statements and opinions expressed are the opinions of the author and not GloBull, its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by GloBull for this Article. GloBull was not paid by the author to publish or syndicate this Article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. GloBull requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. GloBull, relies upon the authors to accurately provide this information and GloBull, has no means of verifying its accuracy. 

4) The Article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to GloBull’s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. GloBull does not render general or specific investment advice and the information on should not be considered a recommendation to buy or sell any security. GloBull, does not endorse or recommend the business, products, services, or securities of any company mentioned on 

5) GloBull, and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 

6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding Oberon Uranium Corp. (CSE:OBRN)’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. 

These forward-looking statements include, among other things, statements relating to: 

(a) revenue generating potential with respect to Oberon Uranium Corp. (CSE:OBRN)’s industry; 

(b) market opportunity;

(c) Oberon Uranium Corp. (CSE:OBRN)’s business plans and strategies; 

(d) services that Oberon Uranium Corp. (CSE:OBRN) intends to offer; 

(e) Oberon Uranium Corp. (CSE:OBRN)’s milestone projections and targets;

(f) Oberon Uranium Corp. (CSE:OBRN)’s expectations regarding receipt of approval for regulatory applications; 

(g) Oberon Uranium Corp. (CSE:OBRN)’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and 

(h) Oberon Uranium Corp. (CSE:OBRN)’s expectations regarding its ability to deliver shareholder value. 

Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: 

(a) the ability to raise any necessary additional capital on reasonable terms to execute Oberon Uranium Corp. (CSE:OBRN)’s business plan;

(b) that general business and economic conditions will not change in a material adverse manner; 

(c) Oberon Uranium Corp. (CSE:OBRN)’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; 

(d) Oberon Uranium Corp. (CSE:OBRN)’s ability to enter into contractual arrangements with additional Pharmacies; 

(e) the accuracy of budgeted costs and expenditures; 

(f) Oberon Uranium Corp. (CSE:OBRN)’s ability to attract and retain skilled personnel; 

(g) political and regulatory stability; 

(h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; 

(i) changes in applicable legislation; 

(j) stability in financial and capital markets; and 

(k) expectations regarding the level of disruption as a result of CV-19. 

Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance, or achievements of Oberon Uranium Corp. (CSE:OBRN) to be materially different from any future plans, intentions, activities, results, performance, or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: 

(a) Oberon Uranium Corp. (CSE:OBRN)’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; 

(b) public health crises such as CV-19 may adversely impact Oberon Uranium Corp. (CSE:OBRN)’s business; 

(c) the volatility of global capital markets; 

(d) political instability and changes to the regulations governing Oberon Uranium Corp. (CSE:OBRN)’s business operations 

(e) Oberon Uranium Corp. (CSE:OBRN) may be unable to implement its growth strategy; and 

(f) increased competition. 

Except as required by law, Oberon Uranium Corp. (CSE:OBRN) undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Oberon Uranium Corp. (CSE:OBRN) nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency, or completeness of the information in this document. Neither Oberon Uranium Corp. (CSE:OBRN) nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 

7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Oberon Uranium Corp. (CSE:OBRN) or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Oberon Uranium Corp. (CSE:OBRN) or such entities and are not necessarily indicative of future performance of Oberon Uranium Corp. (CSE:OBRN) or such entities.

Caution: Microcap stocks are not suitable for everyone, and it’s important to carefully consider your own financial goals and risk tolerance before making any investment decisions. We recommend consulting a licensed investment professional.


Advertise With Us

Adamas One Corp.


Leave a Reply

Please enter your comment!
Please enter your name here