Besides Glenn Youngkin becoming Governor of Virginia the Republicans have taken control of Virginia's House of Delegates. The stars have aligned perfectly for Virginia Energy Resources (TSXV: VUI) to finally move forward with the Coles Hill Uranium Project, which contains America's #1 largest undeveloped uranium resource! The economics of this project are stronger than any other undeveloped uranium project in North America so as soon as the regulatory framework for uranium mining gets signed into law we expect VUI to immediately raise the funding necessary to bring the mine into production. The initial CAPEX is actually very low with the Net Present Value (NPV) being nearly triple initial CAPEX!
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