Share price, page-991

I'm surprised that U stocks are being down rated by a lower spot U price in the current circumstances. Obviously the Russian U ban has been signed into law but is not in effect for US utilities right now. Common sense would say that Russian U producers and enrichers are going to be selling whatever they can while they still can, so the spot U price isn't going to be shooting up in the immediate future. BUT the fundamentals haven't changed, so a higher U price over the medium to long term is a racing certainty.

Personally, I think that the current pullback is a perhaps the last opportunity for investors in the sector to make really massive returns. Once the U price is north of $140 I think that the lions' share of profits in the sector will have already been made (for reference, the last time the U price went above $140 our SP went to $12 despite us being far behind where we are today).