TheSlowLane

Uranium's Tough Outlook

I was surprised to see no mention of Olympic Dam in your article. Recent developments there have the potential for a significant impact on the uranium market in the near to mid-term:

"As well as affecting BHP's sales, a sustained outage could provide support to global copper and uranium prices, analysts said.

Uranium, which is sold mainly on long-term contracts, would be the most sensitive if BHP or its customers were forced to buy on the sector's small spot market.

In recent years, BHP has been forced to buy uranium on the spot market to make up shortfalls. "

www.theaustralian.news...

Uranium's Tough Outlook

Denison trades on the AMEX as DNN. DMLCF.PK is the old ticker symbol that is now obsolete.

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.