I didn't say that at all ... what I said is that the depressed pricing was influenced by an external supply stream being Megatons to Megawatts program.
It's closure means that the chances of faster spot price growth is greater regardless of current inventory.
The depressed price has had a marked influence on new mine potential start ups. When the supply crunch comes the time lag for new mines to be developed will ensure it's sustained as the progress to develop them has been hampered by low U pricing.
Further, why would you sell cheap inventory to suppress the market if you have to buy back later at higher prices? That theory works when your reactors aren't operating, it's a path to higher fuel costs when they are.
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