rebounding, page-46

Olympic dam won't be ready for 5-10 years and won't make up for the depleted mines. Reactors are quadrupling in the next two years (20 x in 10 years). Paladin is ideally positioned to capitalize on the supply shortage.

It wont take long for the uranium price to go back up (below).

Ranger is out of commission until ERA get their de-sal plant running (3-4 years). ERA has already told its customers to go elsewhere and its shareholders to get ready to fork out more money. Where are their customers going to get that much uranium from?

Reactors are not like cars. They don't suddenly become empty and need filling up. They pitter out slowly. I reckon the drop in demand is because China has been postponing refueling. They'll be out shopping for they are hungry reactors very soon also.




Uranium U308 Price

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