Spot up again - 30.90, page-4

http://www.cmegroup.com/trading/metals/other/uranium_quotes_settlements_futures.html shows the 'futures' price of Aug 14 is now $30.90.

http://www.uxc.com/review/UxCPrices.aspx shows the actual spot price of Aug 11 was $30.00.

Both have increased. In my humble opinion the short term futures price simply reflects the actual spot price, with a delta added for any apparent short term trend, so the spot and the short term futures price seem to be reasonably aligned. The longer term futures price can probably be ignored, although you would think that the experts betting on futures would have a better idea than an average joe like myself! Whilst I am, though, fairly cautious about the likelihood of a sudden increase sufficient to allow PDN to make lots of money, it is looking increasingly likely that PDN will survive for long enough to reap the benefit of a profitable price some time in the future.