interesting. holding costs is a good argument.
do you know how holding costs work?
I'm not convinced the rest of the market is going to sit on their hands and do nothing, expecting SPUT to buy up the thin supply of uranium then crash and burn due to holding costs. the shear amount of funds coming into the trust will be able to keep this buying up for theoretically a long time.
I'm also not convinced utility companies have stockpiles of uranium. happy to be proven otherwise.
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