Spot on, phishpeet.
The flash flood of good news on the demand side is hard to keep track with:
- Japan's new PM, Fumio Kishida, wants to restart the country's nuclear power program: https://www.cnet.com/news/japans-new-pm-wants-to-restart-nuclear-power-in-the-country/
- France: COmmits to six SMRs ahead of future commitments to EPRs Gen2: https://www.france24.com/en/france/20211012-macron-unveils-%E2%82%AC30-billion-investment-plan-to-re-industralise-france
- Europe: Ten countries now call for the inclusion of nuclear power in the Europeans green taxonomy: https://www.world-nuclear-news.org/Articles/Ten-EU-nations-call-for-nuclear-s-inclusion-in-tax, supported by the Finnish Green Party.
- Bangladesh plans another large-scale NPP upon completion of the current Rooppur build: https://world-nuclear-news.org/Articles/Bangladesh-plans-another-nuclear-power-plant
- Belarus connects a reactor to the grid, with a second one reaching a major milestone: https://www.neimagazine.com/news/newshot-testing-completed-at-belarus-2-9138223
- Spain approves a further two NPP 10-years extensions: https://www.neimagazine.com/news/newsspain-renews-licence-for-asc-i-and-ii-9145984
- Australia: BHP calls for nuclear power to help reach net zero by 2050: https://todayspaper.smedia.com.au/afr/shared/ShowArticle.aspx?doc=AFR%2F2021%2F10%2F12&entity=Ar00101&sk=90D2A296&mode=text
Before those developments, Canada's Canaccord already saw a 115Mlb cumulative deficit over the 2020-2025 period, and adjusted their LT price assumptions to US65/lb. AT that price, VMY will have many very happy shareholders, and lots of contracts in the bag.
