Catalyst?Hi All,
This is a question to see what you guys think will finally be the catalyst for uranium prices rising?
Clearly the announced cutbacks from both Cameco and Kazahkstan have not had the same impact as the announced cutbacks last year did. Seasonality doesn't seem to have kicked in very much so far. I've not read anything this year about long term contracts coming due, which I read about last January.
Thoughts?
Will it take more (asian) power stations coming online? This
link says that 14 will come online this year. I'm not sure how many reactors are closing this year.
Might it take some more Japanese restarts? How many are restarting this year?
Will it take more production cuts? Any more planned?
Mining companies going bankrupt, like Paladin might?