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thanks tibbs,

and welcome back from the sin bin.

There was a good article on the pen thread, about the forward pricing fundementals for U, with china etc, only to strengthen. These are a fools paradise days for low U prices, when you condiser the massive shortfall in supply, when you take away the russian nukes.

Yes, the market has reacted, but contract prices atm, what around 70/lb? is saying we have a solid profitable margin of 35/lb.

Retailers might not get that, and only look at the spot, and panic.

But that is the market.

Fundementally, we continue to advance.

I think the market reaction, may more be to do with funding, and a potential raising??

Have a read of the article tibbs, esp about china aquastion of western U resources, and comment if you might.

cheers