"“We have reached a bottom,” said Jonathan Hinze, president of UxC, a nuclear industry research
firm. “The fundamentals are still strong, with increased demand and supply that hasn’t fully
responded.”" https://www.mining.com/web/uraniums-22-price-plunge-is-bottoming-out-on-nuclear-future/
I stopped for a quick review of Uranium Insiders 45 pages of April 2024 news letter. "Not for distribution".The above quote is in it and also shareable as its UxC Jonathan Hinze quote which is in my view funny. Blind Freddy could see the short sell off was profit taking or similar.
The funny bit is the bottom was 21 Nov 2016. $18.50lbs The damage to investment in prospecting for u308 will have decade long benefits for those of us that have active and prospective resources. The presentation in my prior post has some remarkable grades we have in the kitty bank
Doomberg "“Every new beginning comes from some other beginning's end.” – Seneca
During its 50 years in operation, the Palisades Nuclear Generating Station in Western Michigangeneratedan astonishing 232,297 gigawatt hours (GWh) of carbon-free, reliable, and affordable baseload power from a single 805 megawatt (MW) reactor. The plantoperatedduring its last two decades with an average capacity factor of 90%, achieving high grades for its safety performance as measured by the Nuclear Regulatory Commission (NRC) and providing several hundred good jobs for members of the local community.
"
"Running wild" may be my new running moniker
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