“Additional value upside close to time period as industrial inventories are drawn down, funding demand continues, and mine provide stays beneath 2019 ranges. Long run, progress continues to push value increased,” learn a slide shared by a social media person.
Morgan Stanley🏦 locations #Uranium on the very prime of its “Metals & #Mining Commodity Thermometer”🌡️ as Most Bullish Thesis of 17 mined commodities they cowl.🏆 “Additional value upside close to time period… Long run, demand progress continues to push value increased.”↗️⚛️⛏️💰 #Nuclear #ESG 🏄♂️ pic.twitter.com/slAp3RVuiR
— John Quakes (@quakes99) August 15, 2021
The hole between uranium spot and contract prices has narrowed for a 3rd consecutive month, reaching $32.40 and $33.50 per lb. at finish July, respectively.