From Devman
Uraniumoutlook: Company perspective Dev Randhawa, CEO of Fission Uranium (TSX:FCU) and Fission 3.0 (TSXV:FUU), calls uranium the ultimate contrarian play for investors and expects to see a strong upturn for uranium at some point in 2018 driven by further supply disruption. He noted that UxCestimates that 2017 uncovered demand is 4.1 million pounds of U3O8,with that amount expected to reach 54.9 million pounds of U3O8 uncovered for 2020. That represents 29 percent of projected demand for that year and annual uncovered demand rises even more rapidly after to over 179 million pounds U3O8 by 2030. Looking to the year ahead,Randhawasaid Fission is planningto release an updated resource estimate and a prefeasibility study forits PLS project located in Saskatchewans Athabasca Basin.