starting thread number 3, page-8

re: spot price plus 1.75 to us55.75 SPOT: Up 1.75 to US$55.75:
http://www.uranium.info/

Quote:
"In the Market ...
Although total transaction volume in September was lower in the spot uranium market compared to August, the spot uranium price continued to climb due to a lack of supply. A US producer concluded another auction of 100 thousand pounds U3O8 at the end of September. Many sellers continue to seek market-related pricing terms for spot delivery and buyers continue to show a willingness to raise bid prices in order to secure supply at fixed prices.

The buyer mix remains diverse, with utilities, producers, intermediaries, and speculators seeking market purchases. Long-term uranium demand remains strong and continues to exert upward pressure on the spot uranium price. The spot uranium market is expected to remain active through October.more..."

Info on SMM:
http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=366594#1270585