Uranium Players Predicting Uranium Price

by: Kelvin Chan

I have decided to compile a list of analysts and management who have come out publicly and tried to predict where the uranium price is going. As you notice, some have not given timelines. The dates are as accurate as I can make them, although they might not be exact. Notice that, as the uranium spot price continues to move up, analysts who were more conservative with their targets are starting to revise upwards:

April 17, 2007 CIBC WORLD MARKETS $140 in 2007, $160 2008
April 11 BRENDAN KYNE, LEEWARD HEDGE FUNDS $150-200 next two years
Apr 10 NEAL FRONEMAN, CEO SXR URANIUM ONE $150 end of 2007
Apr 10 LAURENCE ALEXANDER, JEFFREY & CO. $115avg 2007
March 29 ABN AMRO, GLOBAL BANK $140 2007-2010
March 29 JOHN WILSON, RESEARCH CAPITAL RESEARCH $125 2007, $140 late 2008
March 6 Australian Bureau of Agricultural and Resource Economics ABARE $94.20avg 2007 $103avg 2008
Feb 27 ABN AMRO, GLOBAL BANK $95 2007
Feb 26 PATRICIA MOHR, SCOTIABANK at least $90, appear headed to $100 end 2007
Feb 12 PHILLIP SHIRVINGTON, CEO URASIA ENERGY >$100 2007
Feb 12 NEAL FRONEMAN, CEO SXR URANIUM ONE >$100 2007
Jan 31 YURIY NEDASHKOVSKY, UKRAINE DEPUTY ENERGY MINISTER $122 end 2007
Jan 29 BRENDAN KYNE, LEEWARD HEDGE FUNDS $100 in 2007, $125 in 2008
Jan 8 RESOURCE CAPITAL RESEARCH $90 mid 2007, $115 late 2008
Jan 7 PATRICIA MOHR, SCOTIABANK $90 by end 2007
Jan 7 ADAM SCHATZKER, RBC CAPITAL MARKETS $100 in 2007
Jan 5 PETER GRANDICH, THE GRANDICH LETTER $100 ?timeline
Dec 21 BART JAWORSKI, RAYMOND JAMES $90 in 2007
Dec 11 ANITA SONI, MERRILL LYNCH $75 in 2007
Nov 7 LUKE BURGESS, GOLDWORLD.COM $110 by 2010
Nov 6 JEAN-FRANCOIS TARDIF, SPROTT ASSET MANAGEMENT $70 by January 2007
Nov 6 BOB MITCHELL, ADIT CAPITAL MANAGEMENT LP $80-100 ?timeline
Oct 18 DOUG CASEY, CASEY RESEARCH $100-150 ?timeline
Oct 18 GARY STOKER, NUFCOR INTERNATIONAL >$60 in 2007
Oct 16 JOHN ZECHNER, JOHN ZECHNER ASSOCIATES $80-100 ?timeline
Sep 12 DEUTSCHE BANK AVERAGE URANIUM PRICE $59 in 2007
Sep 12, 2006 CIBC BANK $70 by end of 2007

This list will be updated regularly.