At auction on the 4th, uranium drew a price of $28.75 per pound. It remains pretty much flat now over a period extending from early May. As mentioned here previously, I've have not seen such an extended flat period in this market for decades.

This along with other evidence may suggest that the market is about to make a sharp turm up, something that may be spurring what seems to be renewed interest in NPSP. And on that subject, it could well have been falling prices that stayed progress on a deal there that began, what, last year?. If so, the roadblock is now removed.

For the current POU, check Kitco. http://www.kitcometals.com/ (left column)

For historical monthly prices, go to http://www.uraniumminer.net/market_price.htm

Auctions are twice monthly, so the next report at Kitco will come in about two weeks.

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As happened with iron ore and a few idustrial components in recent years, uranium may one day soon be "commoditized", with bulk dealers setting prices based on their interpretation of what the market will bear and their own long-term supply contracts.

If that happens, suppliers can to some degree manipulate prices and even short trade their own holdings. For the time being, uranium is among the last few of the "honest" commodities that trade in a truly free market. ...just a "for what it's worth".

VP