Spot market is very thin! Any of these producers talking about selling significant (or any?!) lbs into spot right now are crazy. Cameco just talked about this the other day. Maybe one day but that day is not yet here.
They aren't talking about millions of tons. Most of their uranium is contracted and should be going forward. They are talking about small lots that are leftover.
Millions of tons lol. That comment right there tells me you don’t know what you are talking about. Go listen to Grant Isaacs comment on the spot market from last week.
This is a very strong and well run company
I know it's been happening again for a while now that we are post-covid, but these in person interviews really are a breath of fresh air.
When a u3o8 producer like Ur Energy enters a contract with a utility, who does the enrichment and finished fuel manufacturering?
5X-10x here by the time it’s said & done..
Long URG
Thank you Mr Cash for very fine and informative interv..And thanx for Crux for picking your brain.😂😂
No bs with this company
$PEN #Everydoghashisday
Spot market is very thin! Any of these producers talking about selling significant (or any?!) lbs into spot right now are crazy. Cameco just talked about this the other day. Maybe one day but that day is not yet here.
They aren't talking about millions of tons. Most of their uranium is contracted and should be going forward. They are talking about small lots that are leftover.
Millions of tons lol. That comment right there tells me you don’t know what you are talking about. Go listen to Grant Isaacs comment on the spot market from last week.
He said 20, 30, 40% unhedged production. Available for higher contract pricing with rising prices
Cameco happy for the spot price to come down? Same for any producer lacking pounds to fill flex contracts.