GLOBE AND MAIL ARTICLE - 11 AUG 2017Anyone here have access to the report authored by Robert Reynolds of CS apparently written last month downgrading CCO/U?
Took this quote from the Press Reader site ...
Au contraire, writes Robert Reynolds of Credit Suisse, who authored a deeply pessimistic report on Cameco and uranium last month. Mr. Reynolds said he catalogued demand at hundreds of individual nuclear plants and figures that the uranium market oversupply will last until the late 2020s, versus bulls who figure it ends in the early 2020s. (That’s what passes for a bull case in uranium these days, one supposes.) Mr. Reynolds says his estimates are in line with the “low case” outlook released by the International Atomic Energy Agency.
Interest is in verifying how he "catalogued demand". Anyone have an insight into this?
For example how does an analyst obtain accurate information from say the Chinese government? Cataloguing demand is only one half of the picture - dis he address: demand i.e. secondary sources, growing reactor construction, etc. Lots of questions to be answered.
Thnx - B2S2