do u do any sort of homework before u post ?
go read the WNA uranium outlook for demand v supply
30 50mlb in short supply pa globally and the US alone needs 50mlb
what uranium is going to come out australia asx listed when the numbers are met from the mine ready miners
when in commercial production only 4 all others are years away
Pdn Boe Lot Pen maybe 10MLB WHEN IN FULL SWING namibia is pumping out niger is currently out of the gamethe spot is
The US has small in gound uranium numbers negen the big one is at least 4 years away then take the Kqz downgrade till he gets the acid cameco is maxed out currently then work out the rest not enough to cover the short
not forgetting the US is spending $4.3b setting up safe juristiction supply chains
the spot is small not regulated and easily manipulated not a true indicater
there is some oil around that kaz is selling small amouts to control the price till he gets the acid ?
and on top we have a tripling of uranium demand looking forward ranium is setting up for a permanent stay
so until the supply equals the demad there is no such thing no longer in short
this is only the beggining
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