We still have Olympic Dam to shut and then Namibia (Husab/Rossing) - this will mean U supply is down significantly each month.
Most U mines need in excess of $50 to mine U and be profitable. At $50 U - Tiris will be making over $20/lb
The wider market will wake up soon enough and see the light. Tiris will be mining before all of them. IMO
it's my belief, a new management team and replacement CN will allow this happen. I hope this happens soon and I hope people are working towards that goal behind the scenes.
Let's see U SP over $30. This week!!
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