GTI Energy Ltd (ASX:GTR, OTC:GTRIF) executive director Bruce Lane discusses with Proactive recent strength in the uranium spot price as well as trends in the wider sector. Lane also outlines the investment case for GTR which includes the fact it’s based in the US which is the largest buyer of uranium globally, as well as its focus on in-situ recovery - the most cost effective and environmentally friendly method of uranium mining. With combined inferred resources of 7.37 million pounds of U3O8, GTI aims to kick off drilling at its project in Wyoming in November with the intention of upgrading resources.
GTI Energy ideally positioned for uranium recovery
