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YLLXF - A Simpler Way To Play The Uranium Bull Market
Yellow Cake Plc
Uranium has been in a bear market for over a decade. Yet, a look at supply demand fundamentals reveals this has a high probability of reversing. Indeed, an impending supply crunch could ignite the entire sector.
This chart of the uranium price since 2000 should pique the interest of any contrarian investor.
Over a decade of declining uranium prices has made exploration and new mine development uneconomical. The uranium industry has practically been in liquidation. The current cost of production for most companies is nearly twice the uranium spot price. Major