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#uranium #thread Problem with a prolonged bear market for a decade due to over supply, opaqueness, government subsidies, fuel cycle underfeeding & excess supply, etc. is that almost everyone talented leaves for better opportunities including the financiers. The problem when the
2) market turns & you try to restart production in that same market of no price discovery is the structural supply deficits, the opaqueness of the market, the end of subsidies (think mega tons for mega watts), the transportation issues for over 40% of U308 & EUP through what now
3) looks like obvious political risk (didnt 4 years ago), the neglect in maintenance (everywhere), supply chain issues & the ability to restart & meet production targets (for various reasons), the lack of talent (trust me, u-twit gives far more credit to these folks then they
4) deserve), the lack of financial backing (if you are an analyst & have made it to this point you either have an econo tub of clearasil or your desk is located next to the restrooms on your institutional floor). Geographical, political, experience, capital issues & timeframes
5) will now lead to prices I would not have guess we will reach by 2025 or before. New young talent needs to enter the sector and get developed quickly. Good luck with that based on educated/experienced numbers without much higher salaries which adds to AISC to produce
6) Dont think most comprehend the talent, luck, capital, & experience needed to execute. So many folks think their asset/company they invested in will produce (produce cost effectively). Price needs to go parabolical to incentivize new production & talent with in the next 2 years
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