With BHP Roxby mine out of action for at least 2 more weeks & some people are saying longer as the worlds biggest supplier of U then I would think spot prices should start to turn up from Monday as the market starts to understand there isn't a quick fix in turning this massive mine back into production.
The Town of Roxby only just got power back on Friday night but nothing but gen sets running out at the mine & trucks bringing them in from all around the country.
The U/G mine has flooded so expect a bottom in prices & go long next month on U.
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Price($) | Vol. | No. |
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