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27/12/24
14:37
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Originally posted by Jaat308:
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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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"and on top we have a tripling of uranium demand looking forward ranium is setting up for a permanent stay" - if you actually read the article from WNA, there is no mention of "tripling" demand !! The actual link to the article ==https://world-nuclear.org/information-library/nuclear-fuel-cycle/uranium-resources/uranium-markets From the link, "World Nuclear Association's Nuclear Fuel Report shows a 28% increase in uranium demand over 2023-30" What you have written is false & misleading ..........