#SPUTTracker Updated: 100K pounds purchased for a total of 45.7M. 0M units issued and $32.3M cash on hand. Spot closed at $89.88 per pound (per numerco). Implied #uranium price $87.10. $sruuf, John Quakes Sprott Asset Management Uranium Insider bit.ly/3mOr3R0
John Quakes John - one thing I still want to know, and have never received clarity on, can cameco pull from Sput pounds to fulfill current contracts to cover any shortfalls they may experience, and reimburse later?
Scott Ritter Another possibility;
Russia destroys the long-range ATACM supply when they hit Ukrainian soil.