1Yr
I'm not sure, but I think I read this week that the Nigerians have raised their uranium selling price from $0.80/kg to $200/kg. I guess they are selling a lot on the market and maybe this is now going through the whole industry??? 🤷🏼♂️
••
@Gerit hmm makes sense thanks for the info I did not even know 🤝
••
@Gerit Factor 250?!
••
1Yr
@KevinC
The military took over, too, didn't it? Politically quite difficult patch of earth.
The military took over, too, didn't it? Politically quite difficult patch of earth.
••
@Gerit It's just hard for me to imagine that you can still be competitive with it.
••
1Yr
@KevinC
if you control a large part of the market and there is more demand than supply, then competition doesn't matter, right? 😅
if you control a large part of the market and there is more demand than supply, then competition doesn't matter, right? 😅
•
11
•@Gerit But with such extreme price increases, this will never work in the long term. When horses died because of a volcanic eruption, bicycles were developed. It will develop similarly with raw materials.
•
22
•1Yr
@KevinC
You're probably right. I'm curious anyway how the situation will develop down there.
You're probably right. I'm curious anyway how the situation will develop down there.
••