Spruik I believe the Supply & demand within the uranium Sector...

Spruik I believe the Supply & demand within the uranium Sector is destined for a Major reversal.


WHY one may ask ! Read On !



Uranium supply market should also be impacted by the major shortfall of Production from ERA - Energy Resources

ERA's 2013 Uranium Production was approx 2,960 Tonnes converted that equates to 6,525,683 Pounds.


Also we will see in excess of 2.8Mill pounds of Uranium removed from the market with Paladins Kayelekera production now officially halted.


Just the impact of these two ASX listed Uranium producers have made a supply deficit of approx over 9.3Mill pounds of supply.


Add to this the continued production supply constrains of the majors Areva/Cameco/Denison/Paladin with the eventual Japan Nuclear restarts early 2015 & we have a definite supply challenge into 2016 & beyond.


Interesting times !

Cheers from G64

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