Exactly Senoj. Also the amount of planned & proposed plants coming online overe the next few years (c. doubling over the next 9 years, and thats just today's forecast which is rising exponentially).
The significant point is that a new plant requires around 3x the normal annual uranium requirement at start up, so demand will intensify. In other words, if 50 new plants were coming on in a given year, this would be equivalent to an extra 150 powerplants for that year. Its massive when you think about it, and something most analysts dont consider
Cheers
Pete
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Exactly Senoj. Also the amount of planned & proposed plants...
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