Hi Upmarket
You might recall that Purdy posted a few days back that it wasn't in our (sorry - your:-) best interest for the price of U to go above $105 lb. Purdy mentioned "that the tailings all miners have to keep and are at the lower end of the U rating, become economic at $110 lb".
So, presuming Purdy is right (and I have no reason to doubt him), hope for a rise in the price of U - just not TOO high a price! :)
Fingers crossed it's onwards and upwards.
Regards
RM
uranium soar to $100, $200, even $1,000 ?, page-8
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