Not much happening here? "term contracts were signed for approximately 160mlbs in 2023, well below the annualised rate suggested by earlier 2023 performance. While the highest level since 2012, this does not reflect replacement rate contracting (utilities' required supply) of 180mlbs.
The uranium bull market cannot be mature if utilities are not even contracting what they currently consume each year, ignoring the needs of future growth, Petra suggests. link
"
The last word was "Lotus Resources, which has 85% of the Kayelekera mine in Malawi previously owned by Paladin, offers compelling value among brownfield peers, in Petra's view."
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