RE:About half way through?@ Elchico1973 - Do you see this wave (barring a black swan) suddenly turning off tommorrow? I don't. There's too much momentum for it to just shut down.
My guess is that we're good until spot reaches $70. The US government paid $70 for uranium a while back so fuel buyers can always deflect criticism that they're paying to much (which they are not) back to that fact.
At the end of the day, reactors need to be refueled and the 10 year bear market that we were in depleted inventory. jmo.