As I showed before Long term Contract price starts are everything and puts a lot of money to their bottom line the moment new contracts start. Uranium forward sales price US$37/lb US $1/lb change would increase/decrease fair value by US$1.0mUranium forward purchase price US$31/lb US$1/lb change would increase/decrease fair value by US$0.4m Spot is only temporary and I dont see spot running to $50+ until Long term contracts are over $100 and are started possibly this year.
As I showed before Long term Contract price starts are...
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