". If there is any shortfall they'll need to buy on the spot market."
That is presuming there will be sufficient supply for them and others (KAP..) to buy on the spot market. Add in the financial plays like Sprott and yellowcake, I am thinking thus will be another catalyst to push the spot price hard in the coming year.
As @Alleggsin stated, with BOE and most of the other asx future producers being mainly unhedged, the spot market may be a very attractive place to sell a percentage of their yellowcake.
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