RE:RE:Uranium Spikes on Supply IssuesDream, I actually agree with you. Now is the time to be loading up on Fission Uranium. Once they finalize their financing you will see FCU move up to the $0.25 area. With their very shallow high grade deposit, it will be a deposit in very high demand. They have lots of upside to add to their already impressive amount of pounds in the ground, with all of the property that remains yet to be explored. Lots of upside to come.
Dreaminthedream wrote: Canaccord is forecasting a 45% jump in uranium demand by 2035 and is forecasting a rise in price to $50/lb from 2025.
"While bouncing off decade lows, we note the sustained uptick (nine months) in long-term pricing to $35/lb," analysts said.
Canaccord favours ASX juniors Vimy Resources, Boss Resources, Paladin Energy and Peninsula Energy due to advanced projects in low-risk jurisdictions.
Not much comfort for juniors that are running out of money.