Which US power generation operators will be short of supply over the next 12 months, likely <3%, 24 months <15% and 48 months <25%. How much near term spot buying will this cause? 1mlbs over 3m, 5mlbs over 12? What's the spare capacity in non-Russian sources over 24m? #uranium
https://twitter.com/AmirAdnani/status/1633952904834064384
Let's recap annual #uranium spot market supply:
A) Producer sellers 15mlbs incentive to price
B) Inventory which will appear for every +$3-5 move = likely 1-2mlbs
So to clear out the +$3-5 offer in a single month around 2-3mlb pounds would need to be purchased.
A) Producer sellers 15mlbs incentive to price
B) Inventory which will appear for every +$3-5 move = likely 1-2mlbs
So to clear out the +$3-5 offer in a single month around 2-3mlb pounds would need to be purchased.
Over 3 months to achieve a +$10-15 move likely 10-13mlbs #uranium would need to be purchased = $600m capital required.
Now the buy side:
#Sput if in mojo land it could by 5mlbs over 3 months
Other Funds: 2mlbs over 3m
So certainly up to another 5mlbs would need to be absorbed
Now the buy side:
#Sput if in mojo land it could by 5mlbs over 3 months
Other Funds: 2mlbs over 3m
So certainly up to another 5mlbs would need to be absorbed
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