James Dines turns bullish on uranium again, page-10

Often in financial markets, the trend is your friend, and the uranium thematic investment theme could continue to offer the most asymmetric payoff across all other commodities. For 2019, I estimate the normalized spot price should be between $45 to $75, and the uranium industry should return between 3 to 5 times if the price is normalized in that range over the next 2 years.

As the supply and demand dynamics in 2019 shift back to the suppliers’ favor as the economic (marginal) cost price could be close to 100% higher than the current spot price, uranium producers could have their (proverbial) yellowcake and eat it, too. Hence, in terms of any investment thesis for 2019, there is perhaps no better commodity than uranium with its bull market finally under way on tightening fundamentals.

https://www.forbes.com/sites/rainermichaelpreiss/2019/02/28/u-turn-for-uranium-as-u-s-decides-if-miners-pose-national-security-threat/#1f45f5c06043