Club Mulgoa

Monday, February 10, 2014

Price of Uranium

The Russians had a contract to supply America with cheap uranium from decommissioned nuclear warheads until 2013.  Then on, there was supposed to be a shift in price upwards.  The fact is the price has come down.  So low that PDN had to shut down one of its uranium production unit.

Where are those so called experts who predicted that 2013 is the watershed year where the price of uranium will explode?

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