I learned that the utilities need to deliver raw U308 to the Russians only when they receive their enhanced Uranium. That means that if they do not get a waiver, they need to sent that raw Uranium to another enricher. Which means the Russia ban does not create extra U308 demand. Maybe even a short term surplus surpressing the spot U price. And hence crashing the entire sector cause algo trading is based on the spot price, not fundamentals.
Ann: Sweden initiates inquiry to overturn uranium mining ban, page-74
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13.5¢ |
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Mkt cap ! $100.1M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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