At 31 December 2021, the Company holds a portfolio of uranium concentrate sale agreements with major utilities for up to 5 million pounds U3O8, at average pricing of US $53 to $55 per pound with 3.65 million pounds of firmly committed sales and up to 1.35 million pounds of sales optional at the election of the customers.
Summary of Sale Agreements Over the Next Five Years:
2022 450,000lb
2023 650,000lb
2024 850,000lb
2025 850,000lb
2026 600,000lb
Also remember to factor in the sales that PEN purchases in the open market. 50,000lb last quarter.
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