RE:RE:You dreamers are all wrong...Nonsense.
Any utility could have at any time in the last year entered a contract. They never would have been forced out of it had 232 passed muster. They haven't because they don't have to as contract pricing is $33 and spot $25. They can get all they want at substantially lower prices than any mine can produce at..
There were 500 companies with uranium in their name not 500 producers of uranium. This is another big fat lie put out there to make the imbalance seem huge. Mines have closed that is a fact but we didn't go from 500 miners to 50 as you and this mis-information would imply
Doesn't matter one bit if the US nukes get their licensees extended in the short term. Years down the line it might matter
It takes years to build a reactor and there are no Japanese ones coming back online any time soon. "Net" builds is what matters not one or two coming online this year and next.
There is only one...just one FACT that matters....the actual price. That price has been way under the cost of production for many years now and there can be only ONE reason why.....tons of supply.
Unless and until that over supply is actually worked off, no mine let alone a US mine is going to ink a single contract with anyone anywhere.
UUUU cannot make a dime under $50...period The current contract price is nearly half that.
There is NOTHING Trump can do about this...absolutely nothing. He had the chance to order quotas and opted not to...quotas were the ONLY thing that would have saved a couple of US miners. There is nothing left to do or talk about
The military lunatics have tons and tons of stockpiled uranium and can get all they want just like Yellowcake did at $30 or less
You are a dreamer telling yourself what you want to hear instead of facing facts. Do yourself a favor an move on...buy gold and gold miners...this space is full of dead men walking