URANIUM 1.02% $24.70 uranium futures

Yeah.....For the time being the supply/demand equation is only...

  1. 339 Posts.
    Yeah.....For the time being the supply/demand equation is only mildly favourable for a strong upward movement in price....
    However, when the stockpiles of ex-soviet highly enriched uranium from the dismantling of their nuclear weapons diminish considerably, we will see a vertical move upwardly in the price of the U3O8......
    At the moment atleast 1/6th of the annual nuclear plant uranium needs derive from the ex-Soviet nuclear stockpiles, which (highly enriched, over 90% U235 Isotope) is diluted 25/1 with depleted uranium to make it usable by the nuclear reactors (for the generation of electricity, of-course)........
    Cheers!
 
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