Re Re Stock PriceThe good thing about the uranium market is that new production cannot be put on the market fast as it usually takes years after any new deposit is located. Reactor construction has a long lead time and when it it started ,it will proceed regardless of the main stock market direction.
A production shortfall is almost certain. Countries like China and India need clean base load power and nuclear is currently the only solution. The price of uranium is not a large factor in costs so any price increases do not change the plan.
Main thing is that stocks in this sector are already very depressed so the downside risk is nowhere near as great as the main market . I agree the main market is due for a correction and any increase in interest rates will set it off.