RE:RE:All these mine shutdownsMaybe the utilities know something that we don't.
Canwin21 wrote: In my opinion our investments and the expected bull run are related to the future uncovered demand that is unaddressed by lack of new mines and supply for 2022 to 2030 consumption. Not the present over supply that has the price of uranium below the cost of production. That apparent void of future supply needs to be dealt with now (or a few years ago). PLS, Arrow and similar deposits should be being permitted and developed now to meet this demand. I believe the price will surge when the utilities fight to cover needed long term supply. What scares me is that it seems obvious and yet the utilities are not paying a price to incentivise the needed new mines. Like a riverboat ignoring the water fall up stream!