RE:from the EFR sitePlimbo. Your post supports my solid thesis that there is no shortage in Uranium and no bull market in sight. Mid 2020's is a long ways off for most of us. No wonder the spot price is dragging and the futures market is sick right out to 2025.
A recent post on Twitter pointed out that the US Utilities currently have healthy uranium inventories.
FCU will be long out of cash by the time any improvement happens and be a very bad memory for all those who ever participated in this stock.
The dream of a bull market in Uranium has been going on for 6 years now and it is likely to be at LEAST another 6 years before things improve.
So many people have been sucked in by Uranium. Quakes, Rule, Chang and Talbot did a fine job in pumping this commodity and FCU.
SAD.