It might be long term as their cost of recovery would be pretty...

It might be long term as their cost of recovery would be pretty high given they have to third party mill their ore with Energy Fuel. All the uranium in the ground in Utah is still very uneconomical at current U prices by a fair bit which is why there is no current production, so plenty of work to do with the U price before there is real EV.

Also, DOE may only purchase 3.7 million pounds a year, which is not a whole lot in the scheme of supply & demand, so can't really hang your hat on that demand as there are current US producers who have proven credibility of both production & supply which is very important to end users.

Guessing they will also need to raise some funds soon to kick off wages and get some real drilling done to prove up their resource.

Follow the Canadian uranium market as that provides investor sentiment a fair bit in the sector.

Good luck and DYOR