Good contribution, i always enjoy challenge from an alternative view. After all that is Dalio's key principle; thoughtful disagreement
Suggest have a read of this paper, which highlights China is building 345 Nuclear Reactors (Came out Late 2018). Jiang is the Director of Chinas NDRC.
https://www.sciencedirect.com/sdfe/pdf/download/read/noindex/pii/S1674927817301181/1-s2.0-S1674927817301181-main.pdf
There is another paper that says China needs 1.47 billion lbs of Uranium to meet needs. They don't have grade, access and call out Uranium as "more serious than oil" I will find the paper.
in one instance, China bought 140m lbs in 1 month. When it happens, it happens fast.
Allot of smart money is soaking up PDN weakness. Have a look at Emecos chart once the Bond sellers, sold out, it went from 32 cents to 80 cents in 1 month. Then went on to return x1000%
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