The never ending upcoming uranium demand ! And the $200lb uranium price maybe not a Mith ?
the US pass $1.7trillion infrastructure and climate change bill. !
China to spend $440b for 150 reactors in 15 years !
French to spend $30b on nuclear !
Japanese restart. !
UK to build reactors !
India and many others ?
the sprott and Kazatomprom with others in physical investment Taking a lot of uranium out of play !
year 2000 population 6.1 billion year 2021 population 7.9 billion 30% increase energy demand !
the electric vehicle avalanche increased energy demand !
the cost large scale 1GW reactor about $10b running cost yearly about 450000lb uranium
450000 x $200lb =$90m = about 9% of the capitol reactor cost ! will not stop Fuel buyers
comparing the previous cycle it is black and white add all the new demand and do the math ?
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