China are clearly one of the key drivers in demand going forward for uranium.. how does everyone think they'll play this in terms of sourcing?
I know they get most their iron ore from Australia and Brazil.. do we think they'll eye off one or two key destinations for their uranium or it'll be a more scattered approach? They've previously had a mine in Namibia before, gives the indication that they'd seriously look at funding some of the projects there since there are a few.
Section 232 gets talked about a lot for US Uranium miners which will benefit them, but if China opt to get their uranium from a couple of select locations then you'd have to think with the poor political relations between China and the US they'll likely look elsewhere. This would mean no access to the biggest uranium demand driver in the world for the US miners.
Is there a chance China take this approach or do they simply just go with the most cost effective Uranium play despite its geographic location?
PDN Price at posting:
20.0¢ Sentiment: Buy Disclosure: Not Held
