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Nuclear Power Related Media Thread, page-768

  1. 20,246 Posts.
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    I reckon Tim Gitzel knows exactly what he is doing? by closing down some mines temporarily and buying a competitors product, knowing full well that Uranium is a finite product, it is better to use the competitors product and use up their resources, and leaving your own in the ground until certain events take over when prices are better, he would also know that going forward he may get between 20% or more product from his own mined Uranium going forward and with that the savings in conversion as well and also with a system that will be much cheaper to run, in the short term he is conserving what product he has and saves on keeping a workforce in place when pricing isn't the best, better to use your competitors product for this at this point.
    This is not illegal just prudent!

    here is an example similar to this, not the same but similar in a fashion.

    https://en.wikipedia.org/wiki/Predatory_pricing


    The use of predatory pricing to capture a market in one territory while maintaining high prices in the suppliers' home market (also known as "dumping") creates a risk that the loss-making product will find its way back to the home market and drive down prices there. For example, when Dow Chemical exported competitively-priced bromine to Europe, the established German bromine cartel attempted to punish them by selling bromine in the US at half price (below manufacturing cost), which would prevent Dow from making any profit in the US. But Dow's founder Herbert Dow simply purchased the cheap German product and sold it back to Europe at a profit. Eventually the cartel worked out what was happening and ceased dumping their product, but by then Dow's company had acquired a base of customers in Europe and his US competitors had been forced out of business
    Last edited by moosey: 11/02/21
 
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