RE:RE:China taking keen interest in hosting Kazatomprom IPOyou hit the nail on the head. CGN and CNNC would be happy to own resources and produce at a loss of $60/lb or more before being hostage to long term contracts at $65/lb or higher, with collars that could increase the price even further. Security of energy supply trumps all else.
HighROI wrote: If you read carefully the article states "State Owned Investors" are keen in taking part which
would be a disaster for the Uranium market as it would impy this would be outfits like CNNC and CGN. Their interests of securing supply do not align with what a typical investor who is interested in profits.