GREY:STHJF - Post by User
Post by
YoungRichon Jun 08, 2007 7:55am
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Post# 12912393
STM to forward sell US Uranium
STM to forward sell US Uraniumhttps://www.stockinterview.com/News/06082007/nuclear-fuel-conference-uranium-price.html
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Miller also wrote in his email, “We hope to sign uranium contracts in the near future for the future output from our operations. If the utilities work with us, we will give them some reasonable prices on US-based uranium production. We are in discussions with several right now.”
We confirmed with other near-term producers that they have also begun discussions with utilities, U.S-based and otherwise. Indeed, utilities are very eager to lock up long-term uranium contracts. Aside from one of the companies we contacted, production costs are all well below the long-term uranium contract price. Some are below the long-term contract price of 2006.