As a way of perspective, imagine this setting. The next board meeting of a US Nuclear Utility.
Discussing the ways forward for the purchase of fuel stock?!
Personally, difficult to see them looking past US producers at first glance, then Australia etc.
Kazakhstan is in a precarious position due to its ties to Russia.
The 'why' as far as future contracting is concerned for US Utilities is narrowing as far as Kazakhstan is concerned.
The time for looking in its own back yard is becoming ever more pertanent.
Price movements in the spot price are upon us given the cruel nature of the Russian regime. This isn't a week long work through, more so a line in the sand for energy prices; in particular those of oil and uranium.
Add Sprott to that equation as far as the U price and you have true volatility on the horizon.....
Research Captital 39 cent Target, page-2
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