VMY 0.00% 19.0¢ vimy resources limited

That would be amazing, I hope the effect of the uranium supply...

  1. 50 Posts.
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    That would be amazing, I hope the effect of the uranium supply deficit comes sooner rather than later. I've been listening to just about every podcast/youtube video featuring Justin Huhn (Uranium Insider). He says there just cannot be that much free supply left, and that utilities are either nearing the end of their LT contracts or are near lapsed and are preparing to top up their inventories through the spot market because its cheap atm. Each utility should always have about 2-3 years of stock on hand so it's not like they can leave their U supply needs to the last minute.

    Any closing utilities that are being propped up by the US govt and allowed to continue service could potentially be a catalyst. It would certainly make the market more competitive it would hopefully accelerate demand.

 
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