NYSEAM:UEC - Post by User
Comment by
GSTbay1060on Feb 28, 2024 8:07pm
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Post# 35905271
RE:RE:The Happy gang is back
RE:RE:The Happy gang is backYes, that is one possibility. Or something else could trigger a run up. Russia sanctions? The market wakes up? A major incident, mine flooding? Coupe? China buys African production outright? Kazakhstan sells all new production to China? India contracts for all of their 18 new reactor fuel requirements for 10 years at the same time? Oh and what about SMR technology?? How much will those units require??? Lots of future unknowns.. I am still waiting to see where new supply will come from to cover the structural deficit. Oh, and the current mines that are producing are limited by how much product is in the ground.. With that supply being depleted every day..
glta
dyodd