RE:Reuters: Uranium miners cautious on increasing outputI'm wondering how the fundamentals of supply and demand of 2007 compare with today. My feeling is that when the spot price finally pops, it will be big and we'll see many multi-baggers.
I think there is a mistake in the story; Uranium One is mentioned twice:
quakes99 wrote: Tue Mar 8, 2016 1:09pm EST
...
Russian-controlled Uranium One and partner Kazatomprom are ramping up uranium production in Kazakhstan during the next three years, adding 1.5 million to 2 million pounds. But Uranium One will delay building a new mine in Tanzania until prices rise more than 70 percent from current levels, Chief Executive Officer Feroz Ashraf said on Tuesday. Toronto-based Uranium One, the world's fourth-largest uranium producer, looks to start construction of the Mkuju River mine in Tanzania once spot uranium prices stick above $55 per pound...