“I dont claim to be a guru, or a leader or anything like that because I think thats the first point people really lose on.”
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“He said, Im not going to make it, am I? ”
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“We think it is. After years of industry consolidation and tight financial conditions, uranium exploration has suffered and there will be a time lag, perhaps as long as five to seven years, before the supply side can fully respond. Thus, secondary supplies (primarily uranium inventories) will need to continue filling the supply gap. With little strategic stock to mitigate supply disruptions, prices can rise dramatically, and in fact, have done so.”
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“The challenge will be to bring more uranium production online to assure market balance.”
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