zed man the losses you are referring to are as a result of write downs in book value , interest,
If the U price reverses so will the write downs.
Interest has expanded in the past to create manufacturing/ mining capacity.Interest is now contracting due to debt paydowns.
Update your bios , this is a different company , very focussed on costs reductions and production. They are the things that they control.Both are moving in the right dirrection.
The POU they cannot control.
Re supply
The end to the russian US uranium from arms agreement which has given massive supply. This will significantly reduce supply
The significant lag to production and the delay in new mine commencements, will mean a supply crunch coming
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