Afternoon trading September 3, page-8

@gizard

Yes watch the Kazak Uranium news closely.
That article was Aug 2020.

You saw what happened to the Fe market after the Brazil dam collapse, when supply removed.
Kazatomprom in no hurry to increase production after year of unsustainable prices.

"The decision to keep production similar year-over-year, and extend production curtailment into 2022, is indicative of a global uranium market that is still recovering from a long period of oversupply," said Kazatomprom CEO Galymzhan Pirmatov. "We are simply not seeing the market signals and fundamental support needed to ramp up mine development in 2021 and take our low-cost, tier one production centres back to full capacity in 2022."

Sprott fund now buying physical, most mines in C&M.
There will be another supply shock.

Let's re visit this discussion in 12 months.
If U308 price not above $50 USD, I'll but you a bottle of your fav scotch.