NYSEAM:UEC - Post by User
Comment by
GSTbay1060on Dec 03, 2024 9:02am
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Post# 36342479
RE:RE:RE:Confirmed!✅😊 Major shipment of Russian enriched ❗
RE:RE:RE:Confirmed!✅😊 Major shipment of Russian enriched ❗we probably won't be seeing those utilities waiting for the Russian shipment buy to much uranium from the spot market.. Why??? Because they would have already had the amount of u3o8 required to ship back to Russian for the product they received.. HOWEVER!!! Since they now need services in the west the amount of raw u3o8 to get the same amount of product from Russia will be much higher!! WHY??? Because the tails assay of the leftover materials will be higher. So more feedstock is required for less production.. Therefore they may have to buy the amount to make up the difference , unless they draw from reserves??? This is why Uranium is such a hard sector to invest in day to day. So many moving parts.. With all of the increase in positive news you would think today the sector would rocket ?? But this is Uranium so it could even consolidate more??? Which only makes the long term look worse for the utilities because of unreliable future supply, but better for the future of uranium investors with stakes in companies that will be or are producing..
glta
dyodd