RE:URANIUM PRICES - KAZATOMPROM TAKES CONTROLI’ve read a few articles on their IPO and mining laws and I believe this is a very overlooked catalyst that just makes too much sense to ignore. Saudis are continuing to expand their diplomatic push in the Middle East not only for their religious agenda, but to form a consensus for further production cuts. They’re doing this because as oil prices rise, their evaluation will too! The one thing we don’t know for sure is how much extra uranium is floating around out there.
From my understanding their Swiss subsidiary has already been created, so is the market just waiting for enough Kazakhstan uranium to pile up to make a noticeable difference ?