OTCQB:UEXCF - Post by User
Comment by
rovaniemiroveron Nov 10, 2020 2:07pm
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Post# 31871359
RE:John Quakes on Uranium
RE:John Quakes on Uranium$150 million for uranium reserve program is about 2.5 million pounds (at a price of $60/lb, which is what the U.S. government should be paying their domestic miners for newly mined uranium on U.S. soil) ... actually peanuts, about 5% of U.S. utilities annual consumption of 55 million pounds. Aa I suspected, numerco isn't indicating any positive movement on uranium prices given this announcement.