Cantor Fitzgerald's second annual Global Uranium Conference, held in New York on June 4, featured a lineup of noteworthy uranium companies, from global producers to explorers. Following the event, the Investing News Network had a chance to catch up with Senior Analyst Rob Chang to get a rundown of how it went. "We were very happy with it. There were more attendants," Chang said. "It seems like there is definitely more interest, and there is a lot more active interest in learning about it." He said in general the sentiment of attending companies was positive, which is refreshing considering the current uncertainty in the market. "Everyone was pointing to the upcoming supply/demand deficit — when it is going to occur and how they are positioning themselves for that recovery. Depending on who the company is, they may be more conservative than others, but generally speaking it is about managing the businesses properly in advance of future growth," Chang explained. Looking forward to deficit Companies at the conference estimate that a uranium deficit will come sometime in the early 2020s, while analysts think it will happen between 2018 and 2021. While nobody can predict exactly how high the uranium price will get when the deficit does come, Chang said he expects an increase similar to what was seen in the mid-2000s. "We are going to see it jump $5 to $10 every week, like we saw before, because it just has to happen that way. I'm not sure exactly when this will happen, but there frankly is just not enough supply. It's a very thin market, and once you get two, three, four utilities trying to buy at the same time, you are going to see large jumps."