Vintage, this is the extract verbatim;
"The uranium term market saw some action this week, with two mid-term transactions involving intermediaries reported. TradeTech notes a buyer of 2.5mlbs of U3O8 equivalent for 2016-20 delivery is also to announce a preferred seller this week while another utility is evaluating offers for 7mlbs over a 2016-25 delivery period."
The 2.5mlbs buyer about to announce the preferred seller is not one of the mid-term transactions the way I read this, and neither is the 7mlbs utility deal.
In any event a delivery deal to 2020 which is the shortest duration contract is a 5yr deal beginning 2yrs hence - not short or mid term, but long term by virtue of how other such deals have been named in the past.
PEN Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
