Jeff- there is an obvious distinction between explorers and...

Jeff- there is an obvious distinction between explorers and producers and production being around 10 years away is about par for the course.

As you say, explorers tend to be driven by a combination of sentiment and news, though I am not sure how irrelevant demand is as a factor, since a lot of that sentiment emanates from the underlying demand supply fundamentals for the commodity.

In the case of Uranium, the long-term bull scenario is what created the current rush in the
first place.

Granted it has gone off the boil a bit compared to last year, but it wont take much to revive sentiment and therefore interest in the overall sector.