Research Captital 39 cent Target, page-54

I feel the main factor that's settling into the Uranium market, in particular the US, is that Russian supplied fuel is no longer viable. Even should supply continue. It's simply way more than sovereign risk; it's permanently tainted.

No doubt the European market will follow suit in looking elsewhere.

Add to this that Russia may very well ban supply to the US in the coming days, ...I'd hate to be a Utility at the present. Should Russia officially engage this ban, then the price of uranium will officially take off into orbit.

Of even more poignancy is that its not likely to get better for the foreseeable future, if ever. This is essentially a new pardym at play for Uranium.

Nuclear Utities are at present I'm sure, about to re-enter the buyers market in droves. Hence todays action.

Germany's decision is negligible at best.

I personally feel that US Uranium Reserve once touted is very much back in the minds of the powers that be?!

The US is now firmly the best place to be, front and centre for what's about to get underway. Australia also a winner and well positioned.

Very interesting week....And year ahead to say the least.

GLTAH