One of the indicators i had for the U market was that the WAR HEAD decommissioning supply was to run out in April of this year thus creating a greater demand for the mined product. as war heads are typically a couple of tons at 99.9% and reactors only need 5% this was to be a significant dent in the supply chain and thus provide an force to drive up the spot price.
Doesn’t appear to have happened and i hear talk of the WAR head stock pile having another year to run.
Do you have any knowledge on this?
Does anyone else wish to comment?
One of the indicators i had for the U market was that the WAR...
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