PDN 1.20% $10.12 paladin energy ltd

Not sell it to the market doesn't necessarily exclude Making a...

  1. 522 Posts.
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    Not sell it to the market doesn't necessarily exclude Making a supply contract to a utility.
    It is logical that Sprott stockpile U3O8 and create long and short term contracts at prices substantially above what they are buying it from miners and potentially other ETF;s
    Open marketing as in selling to a mine or another ETF defeats the purpose of Sprott unless they are in fear of Default on delivery though I suspect that they all hold Force Majeure clauses in their supply contracts.
    I love contract Law as definitions are usually far more specific than one could suspect.
    Please DYOR
 
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