I would imagine that if the uranium price does come down...

I would imagine that if the uranium price does come down significantly in the future then the industry may be left with fewer but larger mines that have a low cost per lb production. The flip side being that some of the higher cost per lb mines would become uneconomic and be forced to shut down.

I guess we will get some idea soon where RS will be placed in the cost to mine rankings. My belief is that it could be in a lower cost per lb category.

I do agree though that with a lower uranium price then the economics of nuclear power generation may be so positive that more countries may consider transitioning energy requirements to a greater use of nuclear power.

It will be interesting to see how it all develops over the next 20yrs or so. Bit hard to gauge at this point given how much exploration is under way and how many nuclear power stations are going to be brought on line in the next 10-20yrs.