Article from Michael GoldbergCame across this really interesting piece from Goldberg on why Uranium has not responded to the normal price stimuli.
Here is the link if you want to read it. It is short but covers the current market very well.
The point he makes about Russia supplying a very large portion of American nuclear fuel should be well understood by investors. Not only do they supply U3O8 but they also own 50% of the worlds enrichment capability. No US reactors can operate without enriched fuel. Believe it or not the US currently has NO enrichment capability and relies on the Russians and Urenco.
The market appears to be oblivious to all this. Something has to give soon......I suspect 2020 will be the crunch time but possibly sooner.
Interested in your thoughts on the article.
Malcolm