2018 saw a strong recovery in the uranium price. This has stalled this year, but with the uranium market now in supply deficit, Geiger Counter’s (GCL’s) managers see the potential for a resurgence in the price as more reactors come online (particularly in China and India), while major producers hold off from reactivating mothballed mines.
21 Nov 2019
Supply deficit unsustainable
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Supply deficit unsustainable
Geiger Counter Limited (GCL:LON) | 50.0 0 0.0% | Mkt Cap: 63.9m
- Published:
21 Nov 2019 -
Author:
Ed Marten -
Pages:
12
2018 saw a strong recovery in the uranium price. This has stalled this year, but with the uranium market now in supply deficit, Geiger Counter’s (GCL’s) managers see the potential for a resurgence in the price as more reactors come online (particularly in China and India), while major producers hold off from reactivating mothballed mines.