TU from me zubana - I agree with you. The article was poorly expressed. Your analysis of the length of contract is the telling point. My understanding is that mid-term contracts are up to a max of 3 years.
frogga - grammatically, they put 'also' in the wrong place. It is quite correct to comment, as they did. on the finalization of 2 mid-term contracts and then say that one of them is also to announce a preferred seller this week - because it reads like an additional item of information for one of the 2 mid-term contracts.
To establish what you are inferring, the article should (to have avoided ambivalence) have said:
TradeTech also notes a buyer of 2.5mlbs of U3O8 equivalent for 2016-20 delivery is to announce a preferred seller this week
PEN Price at posting:
2.4¢ Sentiment: None Disclosure: Held
