MM, prior to Fukishima, Japan consumes 12% of global supply and although they are sitting on a 'sizeable' stockpile, their decision to restart 2 reactors (and maybe more) sends a signal to the market that U is back! China, India et.al only add credence to the likelihood of demand increasing exponentially. One analyst predicts demand for Uranium to jump 21% by 2025. Most U contracts run for a 5 year period, so my bet is that many utilities will be trying to lock in long term contracts asap!
MM, prior to Fukishima, Japan consumes 12% of global supply and...
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$10.52 |
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Mkt cap ! $3.145B | |||
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