URANIUM 1.02% $24.70 uranium futures

I see $150 as easily achievable based on supply and demand.....I...

  1. 2,086 Posts.
    I see $150 as easily achievable based on supply and demand.....I don't think that that is out of the question as supply is still unable to cope with demand.

    Upward of say $200 is starting to getting unrealistic as I believe that the many projects now gathering momentum globally will begin to supply the market in a few years....it seems that only nations such as Australia have such huge regulatory hurdles that prevents new mines being established relativley quickly.....we will most certainly get beaten in being able to supply the market by other countries, and we will miss out on the majority of the time that uranium stays at these high prices.

    Comments like "$500 being quite plausible" are complete fantasy IMO.


 
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