Today, Justin and Trevor welcome in Bram Vanderelst. Bram is a uranium trader and Director, Head of uranium at Curzon. Curzon is working with Zuri Invest to lauch a new physical uranium investment tool called the uranium Activity Managed Certificate. The Investment objective is to provide direct investment exposure in physical uranium. As the uranium market is highly regulated, the physical uranium is acquired and held by the Special Purpose Vehicle in the name of the Actively Managed Certificate at a leading uranium storage facility. Bram, Justin and Trevor discuss the current physical uranium market and why this current setup is being seen as very bullish for the spot price. We also talk about the benefits and risks of bringing another uranium investment tool to the market and how utility companies may be watching closely at these developments.