Mike Alkin, CIO at Sachem Cove Partners, joins the Metals and Miners pod and dives deep into the differences between the spot and contract market, shares how the supply- demand imbalances is pretty much economics 101 at this point, that the uranium fuel buyers are playing a dangerous game with contracting right now, why prices need to go up and permitting times need to be relaxed and all of that comes at a cost, that if we look through 2040 - they need to buy over a couple of billion pounds - which is the equivalent of 12 years of deficits, how economic uranium is not ubiquitous, that as he looks out over the next 5 years there will be hundreds of millions of pounds of deficits, and so much more!
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youtu.be/BG68LlXwQe4