OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Mr. Copper re: your 14h44 , and Uranium pricing

Posted by Alex Valdor @ 21:35 on July 23, 2021  

I worked most of my career for one of the major nuclear plant designers .
They sold a lot of reactors to utilities by promising to supply the Uranium fuel at a fixed cost for the life of the plant .
It all worked fine until OPEC , and the oil crunch – then all hell broke loose . The price of Uranium followed the price of oil .
If I had a penny for every dollar spent on legal fees to break those binding contracts I wouldn’t have any problem buying up a few futures contracts for gold and silver , then standing for delivery at some point in the future .

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.