NYSEAM:UEC - Post by User
Post by
GSTbay1060on Jan 12, 2024 6:50am
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Post# 35823072
Kazatomprom
KazatompromWord is that they are having issues with obtaining the needed supply of sulfuric acid so they can reach the 90% sub soil usage agreement .. This is big. There will be less production coming online that the market was counting on. So is this like a Cigar lake flood kind of moment???? Or is it more???? Have they signed contracts??? If so, will they now have to buy in the spot market to fulfill those contracts??? Just some thoughts... This sector may get very interesting...
glta
dyodf