There is no uranium supply shortfall at the moment. That's why Kazakhstan reduced their production for 2011. They were suppose to increase production by 10% but chose to only increase it by 2% because of Fukushima. This means they have spare capacity, which also means there is no shortage of supply.
There was never meant to be a shortage of supply until after 2013 anyway because of the megatons to megawatts program coming to an end but now even that program has been replaced with a new contract of supply from 2013 until 2023.
This could explain why the uranium price has continued to fall to $57.50/lb as of Friday 15 April 2011.
era supply issues, page-11
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $334.6M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $1.061M | 10.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 82 | 9846872 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 961987 | 14 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |