IsoEnergy (TSX-V: ISO) - Cause All I Got Right Now is a Flow and I Can See That You Need More, by @CruxInvestor

Interview with Craig Parry, CEO of IsoEnergy (TSX-V: ISO).

Uranium is stagnant, we all know it, and until utility companies go to the market for new material, rather than relying on their stockpiles, so we want to know what exactly uranium companies are doing to ensure their survival until the uranium price comes back. Is IsoEnergy doing what's right and are they doing enough?

IsoEnergy is a uranium junior operating out of Vancouver. It is listed on the TSX-V and are drilling in the eastern part of the Athabasca Basin.

We wanted to cut straight to the Crux here. IsoEnergy recently raised around CAD$6.7M, of which CA$3.5 was flow-through dollars to support exploration programs for the "next six months." Is that long enough for price discovery? The remaining CAD$3.2M "hard dollars" was provided mainly (CAD$2.9M) by NexGen Energy, a sizeable Uranium Development company also based in Vancouver. Both companies share some of the same board members and NexGen holds about 50% of the ISO Energy. IsoEnergy has managed to raise capital "relatively" easily which is of some comfort especially of you look at the institutional holders of the stock: something many uranium juniors struggle with, but it's now a matter of what they actually do with it.

IsoEnergy has options. We ask Parry what he is going to focus on. Parry is confident of the quality of the asset, and claims their upcoming drill program is likely to provide positive results, thus growing the company. IsoEnergy's assets are based in a prolific uranium region, in a highly stable mining constituency, but is this enough to stand out from the competition? What else does IsoEnergy have going for itself?

The reality is not a lot of people seem to be talking about IsoEnergy. It could be a case of uranium being a bit of an echo chamber space at the moment, but is it more than a solid story falling on deaf ears? Is IsoEnergy doing enough to get their story out there? Are retail investors being targeted effectively? Is it just the case that IsoEnergy's story isn't enough to get picked out from the crowd? Whatever the reason IsoEnergy will need to act quickly and decisively to protect the interests of existing shareholders.

IsoEnergy started the year with a share price of CAD$0.48, but now sits at CAD$0.43. Parry is correct in that this is a better stock price performance to many of the other struggling uranium juniors, but in comparison to the market as a whole? Parry has a lot of work to do before IsoEnergy can add value for existing shareholders, who are growing increasingly frustrated. IsoEnergy has a market cap of CAD$32M.

Interview highlights: