Not since 2006-07 has the uranium market looked so good. The past weekend alone provided two strong catalysts for U308 producers, developers and explorers.
The November 2023 U308 spot price up over 9% month-on-month (https://www.cameco.com/invest/markets/uranium-price); and
A commitment by a number of major U308 consuming nations to triple nuclear power generation capacity by 2050 (https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/electric-power/120223-cop28-22-nations-pledge-to-triple-nuclear-generation-capacity-by-2050)
At long last, THR appears well-placed to benefit with an active U308 exploration program underway in a great jurisdiction.
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