Why resistance in spot price at $US28?
Does this translate into $US40 term contracts and they think a producer is perched and ready to sign at this level?
I note on the way down Uranium spot sat around $US40-44 for a long time and dropped through the $US30's and high $US20's pretty quickly.
Why the resistance at this $US28 level on the way up ... will it just jump to spot around $US34?
disclaimer; just thinking out loud and are definitely ignorant when it comes to the uranium market.
Why resistance in spot price at $US28?Does this translate into...
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