uranium $70/pound by end of the year?, page-6

fair points by all, only comment is the expectation analysts have that the worlds known deposits will bring their deposits into production in timeframes owners say they will; this simply does not happen and never has! This is due primarily to regulatory barriers; only Langer and Kayalakeera have been transformed into producing assets in the last 10 years (and not necessarily mass producing); Only Immouraran and Cigar Lake will come into production in the next 10 years (due primarily to favourable regulatory jurisdictions and competent parent company's with producing assets nearby - Areva in Niger and Cameco in Canada), Olympic Dam expansion will prove to hard for BHP and the Martu will keep their hands on Kintyre proving too hard for Cameco, Rossing South needs water in namibia and that is sort of tied up by Rossing and Langer; meaning the supply side will be about 50% short of what analyst predict; while the demand side will be a runnaway train, as it will predominantly come from China, which does not have regulatory or economic issues building plants, they just build and think about supply later; I'm with Macquarie on $90/lb in the near future - there will be a price re-rating, and at that point, this company's assets need to be monetised (sold) because none in the uranex portfolio are tier 1 or even tier 2. This sale may fund development of Thermal coal to sell locally in Africa and to India, but diasagree wipper, any word of developing coal at this point with the inherent expense of infrastructure is dumb. wait for uranium to re-rate, sell uranium, develop coal in JV.