TheSlowLane

A New Bull Market for Uranium

Gyoza - most transactions are conducted under long-term contracts, not on the spot market. The long-term price bottomed at around $70. Industry executives have been saying that they expect the spread between spot and term to tighten, with spot coming up to where the term price has stabilized.

362525 - SGR may be worth considering for a play on plant construction. It seems to me that your outlook is heavily US-centric and I would suggest that the nuclear/uranium power play is better analyzed in a global context. For example, the Koreans and Japanese have been the ones that have been actively entering joint ventures with uranium exploration and near-term production companies.