interesting., page-8

In 2011 PDN reported "On 22 August 2011, the Company announced the signing of a series of term uranium sales agreements for output from the Langer Heinrich Stage 3 expansion. The agreements have been signed with three new customers in the United States and further strengthens Paladin’s already significant presence within the U.S. nuclear market.Production commitments from the new agreements total more than 2.8Mlb U3O8 with deliveries beginning in 2012 and extending through to 2016. Contractual pricing provisions incorporate both fixed and base(escalated) mechanisms ranging from the low- to -mid-$60’s per pound U3O8."

I wonder if these agreements have been held in the $60's or if they had clauses related to the spot price that have enabled the customers release - would have been a great bit of business if the customers remain locked in. (PDN's average sale price in 2013 was $49.5)