I dont think many understand the real supply issues unfolding and especially the shorters otherwise they would never have gone crazy when they did.
Utilities are going to be begging for companies to get to production and will be flexible in contracts and offering financial help.
Imagine the Saudi's buying oil on the open market, yet that is whats unfolding here.
World leaders like Macron and Xi Jinping were scrambling to lock in supply.
USA and UK chucking cash in for research.
$150lb is just around the corner and $200 by next year.
This is a generational wealth event unfolding that retailers have been given a front row seat and as in most cases they will leave heaps on the table for the big guys to clean up.
Already people are taking money off the table in Uranium stocks just as the train is leaving.
JB has the shorters by the short and curlies (pun intended).
SP smashed through resistance to 12-13 year highs on significant volume. Shorters will drive this well above $2 in a rising spot price market.
DYOR
Shalom
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