you do know we might hit $80 or even $90 spot price....
here the issue.....
there not much new mines for a long time...
Kazakhstan and russia basically control the supplies...
since the fallout Kazakhstan want better prices...
china building over 100 reactor in 50 years...
francs going hard as usual...
japan restarting.....
this alone increase demand for uranium...
Australia too much restriction on mining...
canada havent got a openpit for decades , also they wont mine it unless over 2 percent uranium with large deposits...
africa has low grade but large deposit... but very unstable and also rebels and change of government...
at $80 price .. we can mine lower grade uranium...... openpit at 0.5 percent in canada...
i see demand for uranium will sky rocket not just because of energy but war..
and weapons...and medicine
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