Thread by @Napalm_1_

First, utilities will contract as much as possible with the big producers: Kazatomprom, Cameco, Orano, Navoi Mining, Uranium One. And they will try to diversify over different producers & different regions for security of supply reasons. (1/4) #uranium #U3O8 $URNM #SPUT

The last #uranium pounds available for sale from those big producers will be contracted at higher prices than the first pounds bought from them. (2/4) #U3O8 #SPUT $URNM

Second, utilities will look for additional #uranium lbs from tier2 producers like Paladin Energy ( $PDN.AX ), $URG, $UUUU, ( $PENN.AX is an exception,they already have LT contracts)... & well advanced developers (Global Atomic ( $GLO.TO $GLATF ), $DNN, $VMY.AX, ...) (3/4) #U3O8

There will not be enough #uranium production ready ON TIME to be able to supply everyone. Buy the #U3O8 companies you like and be patient. The coming 2 to 3y are going to be fun #SPUT $URNM (4/4)

Cheers

I have more than 25 different #U3O8 (reason: I don’t have access to $URNM ) My 6 biggest #uranium positions are Global Atomic, Paladin Energy, Denison Mines, Fission Uranium Corp, Energy Fuels and Sprott Physical Uranium Trust. Cheers