Have a read of the paladin report on the world uranium market. Very interesting and I believe has prompted interested in WME whose operation is not far from PDN.
In short there is still an ongoing supply crunch based on present world requirments, coupled with a raft on new reactors being proposed. World U requirments are in part met by downblending weapons grade U - but this will start tapering off as a supply source whilst demand continues to grow.
I would think for U juniors it would be a philip to their respective sp's for genuine class prospective resources. The in-situ value will climb - but I think critically getting off take agreements at respectable terms should not prove difficult, enhancing over all potential value of any undeveloped project.
all I can see is go WME
WME Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
