new u supply and price issue, page-6

Agree with the 80% Col - and the fact that most of the market remains. But it does impact the economics at the margin - and could slow the U price revival.

That's why the Wyoming pollies and industry spokesmen have gone on the attack. They are politicising the issue - probably with the objective of having a 10% cap - or something similar - placed on the plan.

It is a battle between different sectors of the industry - miners v enrichers - for maximum advantage.