Looks like it’s the potential lack of supply that is coming first
I think after today it’s looking more likely that Cameco cutting supply may have been the bottom trigger!
Can’t see this supply coming back on line without a significant increase in spot/ contract prices.
Will be interesting to see what the spot market does over the next few days......
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- uranium: like gol was 10 years ago
Looks like it’s the potential lack of supply that is coming...
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