The bulls in the uranium market are already looking forward to spot prices above US$50/lb.
Spot uranium has posted a lively entrance into September.
The anticipated new bull market for uranium has gone on hold, at least for now.
Paladin reported a larger than expected FY10 loss but stockbrokers believe the direction of uranium prices remains key to the company’s outlook.
Australian American has a number of uranium projects in the US and with potential for production as early as 2012 the company is receiving some US investment bank coverage.
Overall market activity is heating up for spot uranium, or so it seems. This has an impact on pricing too.
Sellers of yellow cake are hoping for higher prices but overall demand remains discretionary.
The spot uranium price has suddenly jumped but experts are warning investors not to read too much into it.
Spot uranium recorded a big price spike this week.
Uranium is quickly attracting the attention of the speculative investment community.