Denison completes a US$75M bought deal

Big new, Denison wraps up a bought deal for US$75M, to buy some UOC on the spot (at a target price of US30/lb), not doubt to bid into long-term contracts:
https://www.newswire.ca/news-releases/denison-announces-funding-of-project-finance-initiative-involving-strategic-acquisition-of-physical-uranium-868055176.html

The spot market is being squeezed like never before, and about to melt-up big time once Cameco reenters the space.

Companies with great runways (PDN, VMY and BOE) should do well in the near-term.