Detailed view for this entity.
“We've been seeing this bifurcation where the BRIC nations were getting the uranium in the east was going to stay in the east, uranium in the west was in short supply and we need more of it. I think again it's just this bifurcated market that is getting more bifurcated.”
“Again, this is, you know, a US market that consumes 51 million pounds a year right now before any of the new demand starts to come online and is, you know, hardly producing a million pounds a year.”
“Because obviously in my opinion the SMR side when it comes to uranium demand is kind of icing on the cake because the supply deficit is so glaring and and there's not a lot of new supply that's going to be able to come online to meet that. In my opinion, prices have no choice but to rise under that scenario.”