All the arguments against a uranium mine happening here or there...

All the arguments against a uranium mine happening here or there because of permitting and the fluid state of government nuclear policy are very valid. It is a polarising commodity for sure.

Also consider that discovery hole to first ore for a uranium mine is typically 7-9 years.

Then add on 1-2 years from first ore to usable fuel.

So quickly it becomes apparent that when a structural supply deficit does occur... things can get crazy real quick.

Now sure the Athabasca Basin is the magic pudding when it comes to in-ground uranium, but most of these discoveries are years away from first ore.

Which is why the next 12-24 months are going to get very interesting for the handful of surviving uranium plays who can deliver product this cycle.

When the bull comes it will be explosive...

...and imo that bull has already arrived.

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