With 190 million pounds consumed and only 150 million pounds produced each year its inevitable that a shortfall is approaching IMO. Stockpiling is just making it happen quicker.
55 Nuclear power stations under construction. That's millions and millions committed. They will need uranium.
Make no doubt about that.
OPEC cutting oil production pushing up energy prices. Uranium seems to move in unison with oil.
China plan to build 150 nuclear power plants in 15 years.
Hitting 1 million electric vehicles sold every month that will need charging and growing fast.
Then look at PDN with its debt and production costs, looking the goods.
With 190 million pounds consumed and only 150 million pounds...
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$10.40 |
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Mkt cap ! $3.109B | |||
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