From Tobyjack, commodities thread. "On 21 August, the final shipment of LEU under this program left the ECP plant by rail on route to St Petersburg. From here it will be shipped to the USA."
Paladin announced, "the true state of the uranium market would be revealed when the "term market opens up, which it has not done yet". About 80% of all uranium is supplied through "term"
"When you add up the impact of the lack of new mines because developers cannot raise funds; the restart of the reactors in Japan and end of the HEU programme, you are looking at a 250-million-pound cumulative deficit in uranium supply by 2020."
Let's see where all this takes us....
BLR Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
