RBC Outlook Plenty of people disagree with RBC. Robert Gill, a portfolio manager at Lincluden Asset Management, thinks the uranium surplus will actually disappear this year before returning later in the decade.
“Even if [RBC] is right, they’re calling for a razor-thin [surplus] this year and that is going to boost the price of uranium,” he said. “I’ve seen other estimates that say demand is significantly outstripping supply.”