T4P:
I traded the pants out of it too
I understant your argument, and the higher the SP the more valuable these options will become - causing the SP to indirectly increase again.
But NTU's run indexed 4 things (in order of importance...)
1) Strategic Areva partnership
Daylight
2) Uranium Spot Price
3) General Uranium hype
4) Options
gets better..., page-19
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