Here is an abridged overview of where the #uranium market is:
- The uranium #market is burning through excess uranium supply, mostly coming from the spot market. Within the next 2.5 years, it is highly likely demand for uranium will outstrip #supply. To secure supply,
- The uranium #market is burning through excess uranium supply, mostly coming from the spot market. Within the next 2.5 years, it is highly likely demand for uranium will outstrip #supply. To secure supply,
utilities need to contract uranium at higher prices than the current price.
- Most uranium #miners have placed their mines on care and maintenance ( $PDN, $CCO, etc...). Current capacity, mostly coming from the largest four uranium #producers, will not be enough to cover
- Most uranium #miners have placed their mines on care and maintenance ( $PDN, $CCO, etc...). Current capacity, mostly coming from the largest four uranium #producers, will not be enough to cover
future demand requirements. Thus, utilities will search for supply from smaller producers.
- On the #demand side, the East is building #nuclear reactors at an increasing rate. #Japan is restarting shutdown reactors from the #Fukushima Daiichi disaster. Parts of the
- On the #demand side, the East is building #nuclear reactors at an increasing rate. #Japan is restarting shutdown reactors from the #Fukushima Daiichi disaster. Parts of the
West are also warming up to #nuclearenergy. The world needs more uranium and we have an opportunity to invest in the companies that will fulfill that need!
#U3O8 $EFR $UUUU $AZZ $EU $DNN $DML $FCU $GXU $BOE $VMY
#U3O8 $EFR $UUUU $AZZ $EU $DNN $DML $FCU $GXU $BOE $VMY
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