The market can get very strange from a price in perspective, if all these factors coalesce at the same time. You also have this issue of what's called over feeding, whichs it takes place at the enrichment plat but essentially, enrichers can use more uranium to enrich it when they have limited capacity. And you're talking from the delta off under feeding, where they didnt eat as much uranium till now, over feeding could be as much as forty million pounds per annum. When you look back when prices were very low, wen, i'm talking six, seven, eight dollars, ten dollars per pound,. The utilities were contracting at about a third of their annual consumption.
In this interview-only episode, MacroVoices Erik Townsend welcomes Mike Alkin (Sachem Cove Partners) and Adam Rodman (Segra Capital) to the show to expand on the energy crisis discussion and whether a nuclear renaissance could solve our global energy problem. https://bit.ly/3R5zAdz
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