The high spot price is working against CCJ now.
1. Many of their contracts will be written with U3O8 at a much lower price than $100+.
2. If their production fails to deliver for existing contracts, they have to buy on the spot market , which is darn more expensive than their production costs.
That's how I see it. Glad to hear any other suggestions.
The high spot price is working against CCJ now.1. Many of their...
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