NYSEAM:UEC - Post by User
Comment by
CLOUDERon Aug 02, 2024 3:59pm
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Post# 36161818
RE:RE:Mike Alkin
RE:RE:Mike Alkinimo,if the price of uranium doesn`t go to $200+ real soon then YES they will have to be shutering facilities in about 5 years going forward,imo there is just a way to long for the leadtime in the uranium sector. A very smart uranium guy on a podcast a month or 2 ago said SOME ONE of the utilities will just open up the wallet and buy what they need going forward like all the way up to $200,and get the cheapies,and the rest will pay WHATEVER it takes to get there fuel. he said when he was asked just how high would they pay, and he sadi $5000 even, i know that is crazy buuuut just look at this market, NOW THIS IS CRAZZY....NO. there is no forsight in the uranium buyers.I say tic,tic,tic, uranium price is way to lowe