RE:RE:Uranium ShortageFCU should be drilling year round and have more drills on site as they have CGN backing them through production. Is that not the case? It is simple: find more pounds, update resource statements and add incremental value/share. This can all be done in parallel with conducting the $15 million in geotechnical expenditures to obtain the info needed for a PFS. What is the hold up?
Dreaminthedream wrote:
The article deals with a shortage developing over the next 3 decades.
Swakopmund-Uranium specialist and representative of the International Atomic Energy Agency, Dr Martin Fairclough, predicts that the world will be facing a shortage of uranium within the next three decades as demand will outweigh supply.
It is no wonder that the Uranium spot price remains so weak and the futures market shows little excitement many months out.
Talking in terms of decades does not bode well for explorers with a bank account that will be empty in 2 years.