RE: Uranium Economics, Global Warming, andSorry, I omitted the explanation for this:
As the U3O8 price goes up, the incentive rises to spend more on the necessary "enriching" of the natural isotope ratios from 0.71%U235:U238 into 3.00%U235:U238 (U235 is the fissile isotope needed in thermal reactors).
Means buyers will spend more on enriching U3O8, hence buying less of it from the miners...that's from an article by Paul van Eeden...