"“By 2020 there is going to be unavoidable shortfall,” said Robert Chang, an analyst at Cantor Fitzgerald. “All the utilities know this. They are being rewarded for buying ahead of time as the spot prices were falling and their near-term demands were covered.”
Much of the fresh supply is already locked up in long-term contracts and not available on the spot market. The Husab uranium mine in Namibia is expected to send most of its output to China after it reaches peak production in 2017."
AGM on the 26th.....now less than 2 weeks.
Surely our time in the sun approaches.
AGS Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held