uranium news, page-10

While we are waiting - The whoosh factor- https://unauthorised investment advice/resources/barry-fitzgerald-biden-time-uranium-battlers-faintly-feel-the-whoosh-factor/

Prices in the September quarter fell below $US30/lb (again) for spot prices, although the more representative long-term contract price did manage to hold above $US35/lb.Either way prices remain a good $US30/lb short of the incentive price – the price considered necessary to encourage new mine developments to meet long-term demand.The good news in that is that history shows that when the uranium prices does take off in response to power utilities moving to cover their long-term supply needs, it does so with a whoosh – taking the share prices of the uranium stocks along for the ride.The timing of the next whoosh moment remains uncertain. But according to the Western world’s biggest uranium group, Canada’s Cameco, Greta Thunberg “has not gone away”.