Morning Hannabal, Thanks for this info .. i did some research...

Morning Hannabal,

Thanks for this info .. i did some research and watched anthony from finding value finance yesturday .. I was blown away by the fact that utilities would pay 1000 a pound if needed because the cost of shutting down a reactor is far more expensive than running it at 1000 a pound uranium.. That to me is insane and sort of puts this whole thing in to perspective as to the potential ceiling .. Not saying it will get to 1000 a pound but 200 is quite realistic in this situation... Problems with Kaza, not only with production output but the thumb is on them from the East ( china / russia ) .. then you got Cameco from the west who is having delays.. No new significant pounds to come on market for next 5 yrs.. The shortfall of pounds from Kaza to meet their contact obligations will have to buy pounds on market to ful fill those contracts.. If both camco and Kaza did this it would make the spot price go ballistic. Price went from 80 to 106 on 2 million pound purchases ( i heard ) . Time for the utilities to wake up and smell the reality of this.. Otherwise they will miss out..