Friday, June 13, 2014 1:14:53 PM
At current spot prices below 30, with estimates projecting little price change in through 2015, it is certainly going to boil down to survival of the fittest.
The companies that make it through the next few years, avoiding bankruptcy should find themselves in great growth position.
The end of the Megaton to Megawatts program will create a decrease is supply, but not enough to move the price in the long term.
With Germany decommissioning nuclear power plants, and Japan having their nuclear power plants shut down, the near future is pretty bleak.
However if Paladin can survive they certainly will be in a position to capitalize once demand comes back.
Future projections indicate that the demand for uranium in going to increase however this may take 2-5 years.
There is definitely a high risk here, but fortune favors the bold.
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