Uranium Energy Corp. UEC

Energy

Uranium Energy Corp. (UEC: NYSE American) is an independent U.S. uranium mining company. UEC controls 104M lbs. of qualified resources and a fully permitted uranium processing plant in South Texas. The Company has a potential production profile of 4 million pounds of U.S.-origin U3O8 per year with room to expand. Chairman is former U.S. Energy Secretary, Spencer Abraham.

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Uranium Energy Corp.

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Post by GSTbay1060on May 01, 2024 5:26am

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Post# 36016586

What will Russia do?

Now that the USA is banning Russian Uranium how will Russia respond???

Will they ban all sales of Uranium to the USA so that the USA can't use their weasel clause to source feed from Russia if there is not enough feedstock to keep reactors going??

OR

Will Russia just say that the USA utilities are breaking their contracts for purchasing the Uranium they have contracted for and make those Utilities pay for not HONOURING their contracts????

So Russia gets paid buy the USA utilities and then just ships it next door to China??

Sure sounds like a win win for the east.

Now the question for those utilities, where are you getting your uranium from?? Not just yellow cake, but ALL of the other components of the fuel cycle???

You would think today the sector should be up??

Remember this is URANIUM and ANYTHING CAN HAPPEN!!!

glta
dyodd