There has been literally no buying pressure of late and...

hi mate, Trade tech update fairly consistently but you'll need to be a member for live updates.

There has been literally no buying pressure of late and utilities have been dropping their bids testing the water and succeeding albeit very small volume. The awareness around nuclear within this energy crisis has the sector under lights and a small drop in the spot price won't materially affect us at all IMO. I've seen you around these threads for a while so I'm sure you're aware the uranium commodity is traded completely differently to others. Long term pricing season is coming and as all of us invested here know utilities will be locking into long term contracts, the spot price will have no relevance to these contract negotiations.

Anything can happen though, I'm fairly happy with my holdings across the sector but would be rearranging funds if we do drop another 10-15% and picking up some more. Don't expect that to happen though.