there will be no supply deficit coming, page-5

International Atomic Energy Agency

"Global Uranium Supply Ensured for Long Term, New Report Shows"

including, "Uranium 2011: Resources, Production and Demand, commonly referred to as the "Red Book", shows that total identified uranium resources have grown 12.5% since 2008. However, the costs of production have also increased, leading to reductions in lower cost category resources. These figures, which reflect the situation as of 1 January 2011, mean that **total identified resources are sufficient for over 100 years of supply based on current requirements**."