Interesting article preempt.
Considering the latest opex reduction news, we're very highly leveraged to even slight improvements in the sector.
Just look at what happened in Feb this year, nudging 4.4c in a quick run that took 10 weeks only from the mid 2's, and that was when everyone thought it would cost $30/lb not $19/lb to make yellowcake.
This OPEC Strategy Could Boost Uranium, page-2
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