GREY:UEXCF - Post by User
Post by
rarb123on Jul 17, 2020 10:55am
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Post# 31281081
DYK?
DYK?Last time #Uranium spot price spiked to $137 there was NO supply deficit, just a 3 mth flood event at Cigar Lake. Right now there is a serious #U deficit compounded by a COVID event, which appears to be getting worse, the consequence, a continued inability for KAZ to produce!!!!
Utilities stuck in NO MAN's LAND unable to contract due to Geopolitical FEARS which potentially will not be resolved until years end, WILL UTILITIES BE FORCED TO TOP UP IN AN EVER INCREASINGLY TIGHT SPOT MARKET?????......THIS SUPPLY DEFICIT EVENT is going to ASTONISH many in the form of a RIP YOUR FACE OFF RALLY!!!!! UEX is UNIQUE and IMO will FLY