Daniel Major: Why Uranium Must Reach $60 by 2020
Daniel discusses his new uranium forecast model and how he thinks that it’s very conservative. In the model, they assess what uranium price is needed to bring projects into production. It assumes that all management is fantastic, that financing is practical, permitting is relatively fast, off-take is secured, and that mines will be built fairly rapidly. They wanted to be able to prove that their project could be incentivised in the mid-fifty dollar range.