RE: The Uranium Rush Is On I think this was a very timely acquisition by CIN-
For example here is Mickey Fulp commenting on the deficit in supply in the uranium market:
"Fulp added that he focusses most, “as a contrarian on the supply/demand fundamentals of uranium look very compelling to me”. He observed that “even in 2012, with 48 of 50 Japanese reactors off-line, still have a 13% deficit in the uranium market”. Adding that the “spot price is US$42 a pound, the long-term contract price is US$60 an ounce, [but] most new uranium mines coming onstream are going to need US$80/pound. We have 66 nuclear reactors currently being built – where is the uranium going to come from?"
https://www.theasset.com/article/23905.html