era trouble pushing uranium price up, page-3

Just readingthe stock interview article I just posted Roleyman.

I dont think 85 or 90 or 95 is gonna make any relevance from here. The REALITY is u simply cant bring on new U-production overnite, even in Kazakhstan or mau mau land.

That means IMO we are more likely to be talking in terms 0f 100, 150, 200, 250 etc over next 3 - 5 years before BHP can bring on Olympic dam extension etc.

Meanwhile even the major producers cant meet PRESENT forwards let alone NEW demand increasing with every new reactor coming on stream ....... so who do THEY buy from at spot to cover forwards ........ answer is NO-ONE ........ so they declare force majeure instead putting the whole industry on a powder-keg of panic demand IMO.

The other reality is that CMR's Mt Fitch is entree 15 mill lbs JORCed and about ready to rock with scoping study results ...... and IMO about TWO YEARS ahead of any other SERIOUS contender in the Yellow Cake Cup about ready to burst onto centre-stage offering a life-raft to ERA !!!

Olympians, methinks time to jump off your deckcairs on A-deck and discard your pina-colladas for nuke-tipped spears and stealth armour in preparation for the impending URANIUM WARS. I can see the Jungle King salivating in expectation of the sport coming praise Zeus !!!

IMBOOC