I was told the same on uranium forum, until I pulled out below abstract from the report of Uranium stock which has long-term contract for uranium supply.
Sure this is from another company but mostly that is how long-term pricing contracts signed by majority players where there is always connection with spot price. It will be silly for buyer to agree on long-term contract when the prices are high and on the same token it will be silly for the supplier to agree long-term prices when prices are low and hence it is always in the best interest for both the party to have that link with spot price.
you can check with BOE long-term pricing contract or ask the company and they will be able to clarify this for BOE.
I was told the same on uranium forum, until I pulled out below...
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$4.13 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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