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Will it be economic source uranium? Current price of uranium is quite low. https://tradingeconomics.com/commodity/uranium https://tradingeconomics.com/commodit
by leonidasrup 1mo ago
Will it be economic source uranium? Current price of uranium is quite low.
https://tradingeconomics.com/commodity/uranium https://tradingeconomics.com/commodity/uranium
- ortusdux 1mo agoIf you look at the 10y plot you will see the price is about $90/lb, up from $30/lb 6 years ago. Their target has been $55/lb, so the dramatic price increase is working in their favor. That being said, I think their initial customer base would be the US government, who has no issue spending extra for domestic material.