Rick Rule has said a few times in his uranium interviews that...

Rick Rule has said a few times in his uranium interviews that the utilities could pay very high amounts for their uranium and it makes little difference. iirc he said even at $100-$200 lb it represents such a small % of the overall operating budget for a nuclear power plant it barely puts a dent in their bottom line. This is part of what SPUT are betting on because they know the utilities will pay whatever is required to secure their uranium. They've just never had their hands forced like this before. This is open, legal shakedown from Sprott. Back up the trucks even after this rerate im buying more. The whole situation keeps becoming more bullish