The talk of uranium prices going through the roof sounds good.
All our so called "experts" are telling anyone who will listen, that uranium must rise in price so that companies share prices will rise as well.
All good so far.
But the spot price index, is rising on the fact that "inventory" is being cut.
Uranium mines are closing or restricting supply all over the globe.
(When the uranium price rises, [if], these companies will produce again, nothing changed).
In my mind, to have stable and long term lasting uranium pricing, the world needs more reactors.
Uranium power is the only way for affordable electricity.
So what about Australia???????????????????
Just passing by again.
TOE Price at posting:
2.6¢ Sentiment: None Disclosure: Not Held