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1.02% $24.70 uranium futures

Correct me if im wrong.. but isn't the value of uranium over...

  1. lachyg91
    126 Posts.
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    29/06/13
    14:53
    Post #: 11944549
    Correct me if im wrong.. but isn't the value of uranium over this whole 20 deal worth only 55 million? My figures seem awfully low and insignificant to the U market as a whole?

    500 metric tons
    Say $50lb on average

    2200lb= tonne
    1.1 Million lb @ $50lb = $55 million?

    Is highly enriched uranium priced at a different rate to standard uranium?



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