No you haven't. If you hold these oppies you'll be well, well in...

No you haven't. If you hold these oppies you'll be well, well in the money next year (although likely much sooner). U spot may have dropped slightly in the past fortnight, but that doesn't change that the market is likely going into an undersupply situation very soon.

There are currently 442 nuclear reactors in the world operating, with another 50 (ish) in production. There are another 300 proposed for the next decade (if they all get built, that's a 60% increase in the number of reactors, although I don't know the capacities of them). Right now the utilities are eating up stockpiles, but they are going to be running out soon, which is why there are some predictions for a spot price of above $100/lb (noting that it was $130/lb in the last 'boom' in 2007). At the current level of under $30/lb, there is a significant jump coming regardless. The only question is "how high".