Re Denison and UEC buying U on market see link (if it is allowed)
https://world-nuclear-news.org/Articles/Uranium-companies-announce-strategic-purchase-plan#:~:text=Denison%20is%20aiming%20to%20buy,under%20its%20agreement%20with%20Kazatomprom.
Important quote:
Denison President and CEO David Cates said ..... "As a result, we expect this transaction to enhance the long-term financial stability of the company, as we advance towards a definitive development decision. From a project finance standpoint, the physical uranium holdings could potentially de-risk the process by representing a meaningful source of collateral. Similarly, we expect that our future customers will value, as part of potential future discussions regarding off-take or long-term contracting arrangements, the fact that our company will already have a sizeable base of physical uranium before achieving first production from Wheeler River," he said.
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