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Re: tpecj post# 900

Saturday, 11/25/2017 5:04:07 PM

Saturday, November 25, 2017 5:04:07 PM

Post# of 1177
I listened to John kaiser on a podcast, he says it's a head fake, his point was that closing, temporary or not McArthur, makes no difference to the spot market, because ccj didn't sell that production into the spot market, it's designed to lower ccj's inventory of U, and also gin up the spot market, he said it won't work, I tend to agree, but we'll see.
He also pointed out as many already know, that as contracts roll off many are unable to sign new contracts at previous prices, and kstan could actually torpedo this move by continuing to sell cheap U, but in the long run the U market will turn but this won't do it, his points are good and something to think about, glta who reads this
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