RE:Uranium Supply & DemandCurious as to what the estimated production of the new/large mines coming into production is. The mines that have been closing aren't small - in the case of Cameco's they are bigger than huge. He doesn't mention Khazak production cuts- which to me is the BIGGEST supply factor overall - if they do what they SAY they have been and will continue to do - a BIG "IF" - in my opinion - then not sure a handful of new mines will offset a reduction of 20% continuing and increasing moving forward by the country that has had over 40% of world production in the last few years.....
Some more specific numbers would help that article - interesting though - thanks for sharing.
I sure as heck hope it doesn't take 5 years until Spot truly starts taking off - and I do think 232 has put a lid on it (along with Cameco benefiting from buying at lower spot as they fulfill EXISTING contracts from that).....
Do agree that getting in now while cheap makes a ton of sense. I wish I had more cash to keep building positions....but over focussed in the sector already lol
Interesting.