RE:RE:RE:2023May of 2023 is basically 5 years from now. To even suggest - Dreamin- that a Spot prediction price out that far will be accurate is to say the least naive. Lot's of stuff can happen in the meantime - completely unpredictable. Take your pills.
Prediction in May of 2002 by all and each and every expert and analyst that in 5 years will be Uranium Spot price of $ 137/LB in 2007 - Not a chance.
Prediction in September of 1999 that in 3 years the 2 tallest buildings in NYC will be gone - not.
Things happen but in this case things are more predictable. Companies cannot sell stuff and not make any money. THIS is the black swan in my opinion. McCarthur River will be closed until summer of of 2020 - that is my opinion and if I was CEO that would be my strategy. Line the Utilities all up at between $ 87.50 and $ 92.65 per LB out to 2029 - then we can talk.
Maybe the above ground inventory is 5 Billion LBS or more of Uranium .... I don't think so and yes I hope not. Mining stats do not support this claim unless the Chinese are pumping out 3 Cigar Lakes as we speak - maybe on the moon.... not.
Keep your FCU and other Uranium company shares close - breath - and be patient. I have said before this is hard but worth it....
MM