Much slower comeback than anyone expected and looks like it will...

Much slower comeback than anyone expected and looks like it will take years for the rest of the fleet to catchup.

In other news though:

In the biggest expansion of the country’s nuclear power industry, the Indian government has announced plans to construct ten heavy water reactors. India currently operates 22 nuclear plants, with a capacity of 6,780 megawatts.

The new reactors will have more capacity and will be in addition to those expected to get online by 2022.

Unlikely to be a direct customer for WUC, but certainly positive for the overall sector.

Unfortunately the dates just keep pushing further and further back but it's hard to explain how the market will remain in supply surplus at the current price. Not enough to justify large new mines to replace expiring ones.

Bottom draw stuff I guess.