The spot price for uranium adjusted for inflation was higher than it is now from 1968 to 1988 . Not adjusted it was still higher from 1975 to 1980. There was the incident at 3 mile Island in 1979 then Chernobyl in 1986 sent it into a 14 year bear market.
It's not a matter of hoping for the price to go up , it will have to go up as low cost producers can't keep up with demand and no one will start producing for less than it costs to mine. Bannerman is at the higher end but there is relatively new technologies and benefaction processes that can reduce costs in this type of deposit also Brandon is well connected in the industry.
Time will tell if this pays off but I'm on board just in case.
The spot price for uranium adjusted for inflation was higher...
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