Also @john12, Uranium pricing depends on reporting of contracts to UxC and Trade Tech, there is no legal obligation for any party to report them, some parties like their contracting to remain confidential for a host of reasons. There is a formula the reporting bodies do use to determine price (I have no idea what that is) but I'm sure it takes into account a lot of other macro factors.
It should be noted that only last week UxC, which has historically been a very consertvative reporting body, warned that a supply squeeze may be on it's way.
This video gives you a good outline of where we're at with Trade Tech, they are regarded as a little more of a contemporary reporting body. They are well aware of the state of play when it comes to uranium supply.
Watch from the 23min mark
Ann: Quarterly Activities Report, page-30
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