RE:RE:TH Kazakatom has been created or not?dhcr985 wrote: Sorry, I don't see how this is going to be a catalyst for uranium mining stock prices. For KazAtomProm, this is about flexibility (buying and selling on the spot, rather than just sell), efficiency, and market penetration for KazAtomProm. Maybe someone out there can tell us how this is going to significantly change, increase, the demand for uranium in the near term?
The only thing that could make a difference is if they stop selling at the spot price and start piling up yello cake somewhere in Switzerland. Otherwise I agree with you, this article does not tell me how it will affect the fundamental of uranium. They want to treble the value of the company, price must go up