Dont know where your getting your information from ura-bull mostly likely twitterland.
From the World Nuclear Association
Doubling the uranium price (say from $25 to $50 per lb U3O8) takes the fuel cost up from 0.50 to 0.62 ¢/kWh, an increase of one-quarter, and the expected cost of generation of the best US plants from 1.3 ¢/kWh to 1.42 ¢/kWh (an increase of almost 10%).
Only if uranium prices rise to above $100 per lb U3O8 ($260/kgU), and stay there for a prolonged period (which seems very unlikely), will the impact on nuclear generating costs be considerable.
Then you got to add the added cost of Conversion, Enrichment, Fuel fabrication.
Dont know where your getting your information from ura-bull...
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