OTCQB:UEXCF - Post by User
Comment by
rarb123on Jun 11, 2020 3:04am
151 Views
Post# 31137235
RE:RE:John Quakes on Uranium
RE:RE:John Quakes on UraniumSo in answer to your question, no one sells lbs into the 'sport' market, however if you want to know who in the world (not wolrd) dumps lbs into the Uranium spot market? 'Olympic Dam' Uranium lbs are being sold into market as a byproduct of their main operations. They dont care how much they get for their byproduct Uranium lbs, those lbs are just ancillary to them. They, on average, throw 8m lbs per year into the Uranium spot market. Their operations & working practices were slightly curtailed this year due to Covid, thought to be about a 10% reduction. If you are really interested in a full explanation of how their operations work and how they continued operating through Covid-19 pandemic, Brandon Munro talks through the cause and effect with Crux Investors Matthew Gordon available on https://www.cruxinvestor.com/ and or YouTube