look into separative work units....there is excess capacity in enrichment so it pays to keep the centrifuges running longer and sucking all the U out of the tail assays and dumping it on spot market for whatever dollars the enrichers can get...until that changes the U spot price will stay low...for that to change there needs to be more demand for separative work units i.e. more reactors coming into operation (incl. the jap reactors)...will take a few years...in the meantime utilities will begin recontracting in the term market over the next few years which will lift term prices...the spot market is small and non-representative of the market...look to term rates
the ranger mine is dead, buried and cremated, page-10
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