BMN 4.00% 13.0¢ bannerman resources limited

long term u contract

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    I think it is generally agreed that more so than price, the ability to offer long term stability of supply is the key concern of Govt uranium buyers. 95% of current uranium supply is already tied up in long term contracts so any new player on the scene offering the ability to supply long term uranium will be keenly courted by the many new reactor oweners that are planned for the near future. Without uranium, they can't run a nuclear power plant, there simply is no alternative fuel.
    Oh wouldn't it be nice if that courting resulted in a bidding war that offered $100/lb+. Not out of the question!
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