@dotaking, @geospud, uranium market is strong and will continue to get stronger, just listen to Cameco and Kazatomprom account of recent events at the TD Securities Virtual Uranium Roundtable, access through links off @quakes99 twitter thread. Utilities RFPs offtakes are back wanting much more than typical with all parties knowing prices need to incentivise green field projects, Grant Issac floated $70-80 USD a lbsA must listen both Cam and Kaz, Kaz say another Kaz needed to meet demand, both demanding sustainable incentivised (for greenfield) pricing.
https://www.veracast.com/webcasts/tds/uran2021/DL1d8z.cfm
https://www.veracast.com/webcasts/tds/uran2021/1h06C1.cfm@geospud, SPROT is seen by the largest U producers as providing a valued service, providing Spot price clarity, taking away carry trade low pricing, bringing utilities back to off take agreements and rising the price per pound to a sustainable level encouraging supply to meet future demand. All in the best interest of all utilities also, if they don't want to run out of supply. Authorities should applaud SPROTT for their public service, a bit like the role of a government statutory authority, OPEC, setting prices right and fair for the industry to work.
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