Added to YB: 2026-08-27
Pitch date: 2026-08-25
POW.AX [bullish]
Powerhaus Uranium Limited
+2.08%
current return
Author Info
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Company Info
Powerhaus Uranium Limited engages in the exploration of mineral assets in Australia and Canada. It primarily explores uranium deposits in Argentina and Canada.
Market Cap
AUD 19.6M
Pitch Price
AUD 0.24
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-3.76
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
growth
Our New Portfolio Addition: The Uranium Team Going Back for Thirds - Powerhaus Uranium Limited
POW.AX: uranium explorer priced near cash ahead of maiden drilling. Team = Extract Resources (Husab, $2.2B sale) + 92 Energy (Gemini discovery, taken over <3yrs) reuniting for a third crack. Flagship Malbec, ~2,000km² southern Chubut, Argentina: Kazakh-style ISR roll-front target (IAEA-backed geology analog), surface uranium visible — grabs to 771ppm, El Tropezon to 3,183ppm; 5,000m/20-30 hole program ~Oct, first assays weeks-to-months out. Plus Hidden Bay Athabasca (Cameco district) thrown in. Macro: term U at US$97/lb (18yr high), WNA demand 3-4x current supply by 2040, Kazatomprom/Cameco can't lift output; Argentina RIGI reforms de-risking. Risks: no resource, all grades from grabs/chips; ISR-only (Chubut bans open-pit/cyanide); Chubut/Argentina political risk, RIGI untested through govt change; dilution ahead. In at 20c, comfortable being early.
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