Uranium UpsideIMO, fission will be coming up with a financing package quite soon, especially now that we see some signifacant moves in the spot price. With Cameco shutting down, they will be buying in the spot market for any deliveries in the near future. Who else will need to buy spot.
If we see a closure on the Kazatomprom mines, then we could see $50 U soon. I like where fission is right now. With over 100 million pounds of shallow, high grade U, that is very mineable, the risk reward here is superb. JMO.