Increased prices for fossil fuels have shifted the conversation, potentially benefitting oil and gas projects in Africa as importers scramble to diversify supply chains away from Russia.
Usually a failed US listing is cause for concern, but not so for Sprott, or investors and analysts tracking the company’s Canadian-listed physical uranium trust.
“The war will likely dampen consumption of many base metals as supply chains are interrupted. Russia is a big player and it‘s not like others can quickly fill the gap,” CIBC mining analyst.