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Morning all.Dont forget we are fighting with a sp in a largely...

  1. 66 Posts.
    Morning all.
    Dont forget we are fighting with a sp in a largely hated sector at the moment. Uranium is a very dirty word because the spot price has been dropping. I think however that we may be seeing the bottoming of the U spot price. The fact that there is a massive increase in need for U worldwide combined with the fact that yellow cake only accounts for a tiny fraction of the cost of producing power from reactors, we should see some spectacular gains in U spot prices in the next couple of years.
    Hang on. the rough ride is almost behind us.
    cheers
 
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