The Bulls are Back in Town!!, page-6

JQ did listen to the call.

As you well know in the long term higher Uranium price is good for all producers, i think producers have for a while been deliberately creating the short supply problems in order to eventually see the rise in the Uranium price to $50, however due to the virus and shutdowns the drastic shortage has been brought forward and we now see this sharp increase in the spot price, which looks like heading to $40 in a hurry.

After deliberately managing the rise in the spot price , i don't see producers throwing all that hard work out the window, i see them managing a high Uranium price for the long term, US producers such as PEN are in the box seat, as they will also get the advantage of the Trump policy of the US Govt to buy US produced Uranium, from everything i have read and also from the email from Wayne that i posted on HC , the US Govt buy price will be around $50.