Exactly. Unlike with most commodities, the end users of uranium are not price sensitive to its cost. This will allow the price to shoot up as soon as demand outstrips supply (which is projected to happen soon given lack of mine development and increasing number of reactors coming online). I wouldn't be surprised if it shoots past $100 per pound in the next few years.
Exactly. Unlike with most commodities, the end users of uranium...
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$8.97 |
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| Open | High | Low | Value | Volume |
| $8.90 | $9.28 | $8.89 | $27.96M | 3.090M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 29174 | $8.96 |
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| Price($) | Vol. | No. |
|---|---|---|
| $8.99 | 10000 | 1 |
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