Lots of good news streaming overnight in that sector.
YCA locks in more lbs from Kazatomprom (~ 3.5Mlbs), taking more metal away from traders:
https://otp.investis.com/clients/uk/yellow_cake/rns/regulatory-story.aspx?cid=2392&newsid=1455883
UPC is also trading well above its NAV, so more pressure to come on that front.
The French nulcear regulators paves the way for 10 and ultimately 20 yr extensions for half of their nuclear fleet:
https://www.world-nuclear-news.org/Articles/French-regulator-approves-50-year-operation-of-900
Cigar Lake restart to be delayed until July at the earliest (pending confirmation).
It feels like an avalanche of positive developments!
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