uranium bug

Uranium: Unloved and Unwatched

Same old theme about uranium supply shortage because less is being mined than used. The shortage is atotal myth which is why the price is collapsing.
You see nobody thinks to take into account world uranium inventories. I recently read an investment sheet from the USA asking where we in the UK thought we would get our uranium supplies from for our proposed new reactors. Well I can tell you we have already got a 30 year pile of it and it is already enriched and ready to use.
Also Russia announced recently it has 60 years worth of supplies and that takes into account new build.
India just announced they have115000 tons of the stuff ! That is almost double the amount of all the worlds existing plants requirements to fuel their reactors for one year.
The shortage is a total myth