I’ll be honest, much higher prices is going to be great for the world and the clean energy nuclear transition.
I doubt there would be a world leader worried about seeing this. We need to aggressively incentivise new uranium production to fuel this future nuclear buildout and to stop the dependence on Russian fuel.
We need this, and fuel buyers, utilities and world leaders know it.
We will get s fair run I would imagine with a LT price towards US$130-$150 and a spot price of $200 until we get a supply balance.
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