These two tables are interesting. They show that although the...

These two tables are interesting. They show that although the spot U price is at an 8 month low, long term contracted prices are still steadily marching upwards. The figure that I've heard (from Justin Huhn) is that for supply to properly meet expected demand, we are going to need to see prices stay reliably north of $90. And I personally think that it is naive to think that prices are going to simply reach $90 ish and conveniently (for utilities) plateau there.

Just as there was enormous pain over many many years for U producers when fissile materials from weapons were reclaimed for energy generation, there will be huge pain for utilities over years as the consequences of many years of underinvestment in U production/enrichment make themselves apparent. I'd personally be moderately surprised if U prices don't cross $200 within the next 3-5 years.