Ann: A$10m SPP Closes Substantially Oversubscribed, page-16

Justin Huhn founder of Uranium Insider says Kazatoprom likely to announce about 20% production shortfall at opening of American market on 1 Feb. That will be at about 2am Friday Sydney time.As Kaz produces about 40% of world uranium such announcement may send spot price into stratosphere. The effect will be huge on world uranium stocks. Then the next week Cameco will make a similar announcement. So hang onto your hats because it’s going to be a long and very happy ride. It may take 10-12 years for supply to match demand. All U shares heading north next week.