supply and demand numbers, page-2

Yeah sounds pretty important for nuclear utilities to secure their supply of uranium in the long term, the contract price does not really carry that much weight. One pound uranium roughly produces 25,000 kWh of electricity. At $ 0.17 per kWh this translates to $ 4250. Now if a nuclear utility paid $ 60 or $ 120 for that pound it would not make much difference percentage wise. Therefore, if there is any sought of suggestion that supply maybe an issue in the future, no doubt the contract price will have little significance with regards to the decision making of nuclear utilites. This goes for BMN successfully negotiating an off-take agreement as well, the slighlty higher operating expenses simply will not matter. That is why BMN has had interest from people already. Hoping this year it all materializes. Boom town when it happens I say. Based on articles such as above, I personally think the uranium contract price will be looking much healthier in the few years ahead of us. My opinion of course.

p.s no dramas with all.