OTCQB:UEXCF - Post by User
Comment by
MegaMAxTZon Sep 04, 2019 12:10pm
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Post# 30094566
RE:Supply Demand Chart depicts a SLEEPING GIANT
RE:Supply Demand Chart depicts a SLEEPING GIANTMangoe, The question is how big is the "SLEEPING GIANT" ? How many U LBS are currently above ground - and not in a countries national security arsenal (unselleable ever) - and in utilties inventory ?? Some say all the idle Japanese LB inventory are not able to be reused ever and some even say that Japan is going out of the Nuclear power business - this I disagree with strongly.
I would be interested to also put in the 2006 to 2011 period chart and compare to this chart that you posted to the 2011 to 2018 period. Having 12 years of comparison would be a good visual.
Guess the next touchstone is when the working group comes up with a plan for Uranium production in the US in mid October. And on we go, slowly...... Spot in September of 2021 anybody .... $ 25/LB maybe - not a chance INMHO.
MM