OTCQB:UEXCF - Post by User
Comment by
MegaMAxTZon Dec 14, 2020 1:50pm
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Post# 32101078
RE:RE:RE:RE:UEX Share Price $ 0.30 per Prediction
RE:RE:RE:RE:UEX Share Price $ 0.30 per PredictionMcCarthur River shut for a few years and what $$ will be required to restart ? Rusting away underground. Check
Cigar Lake shut for how long ? Check
Orano McClean Lake Mill shut for how long ? Check
Australia shutting down mines permanently in early 2021 - even less mined global lbs in 2021. Could now be below 100,000,000 lbs mined in 2021. Consumption closing in on 190 Million Lbs. No way secondary makes up the LBS in 2021. Check
No Uranium mining company, not even Kazatomprom making any margin $$ on mining lbs at current prices. Prices must move to $55/lb at an absolute minimum. Check.
Spot lbs are very very thinly traded lbs just back and forth. Meaningless that spot remains flat and is a meaningless #. Check.
General public still oblivious to where electricity comes from. Check
New Nuclear Power Plants most of them BIG, need 2- 3 x the lbs upon start up. Check
For the first time in decades, both Dems and Rep likely on the same page with regard to nuclear power. Check
Nobody, as in nobody in 2003 ever ever ever predicted $ 137/LB in 2007. Nobody. Nada.
$ 0.09 to go before $ 0.30 per in mid January. Could be early..... Check.
MM