Uranium Supply ShortageIt's pretty simple. There will be a uranium supply problem. The number of new reactors coming on-line in the next few years is a positive for the U spot price!! Just a matter of time.
"As of March 2018, the World Nuclear Association ("WNA") reported 448 reactors operable worldwide with 57 new reactors under construction, 158 reactors planned or on order, and another 351 proposed. By reference, these numbers are higher than those existing prior to Fukushima. Translated into uranium demand, UxC projects their URM Base Demand to range from 194 to 209 million pounds annually over the period from 2018 to 2035".