Uranium prices are expected to jump about 50% in the next few years, on two basic facts:
a. Russia stops exporting their nuclear weapons to US, and US will have to buy from open market.
b. Despite green energy talks, amount of nuclear power plants in EU is growing on high energy demand.
c. China is about to start replacing their coil power plants with nuclear ones.
One of possible risks: growing amount of disasters; “green pressure”; a newly invented alternative.
Article with fundamental analysis on Seeking Alpha: In-Depth Uranium: Fuel Cycle Technologies, Demand And Other Considerations