Hi John. With the USD so weak, surely spot should get a bid from non US buyers - the price is down 5% in EUR and about 4% in CAD since liberation day. Great for non USD buyers. Bad for non USD producers (all producers!). Weird that USD price is not climbing. But market not trading.

Thanks John. The supply demand graphic on p143 seems odd to me. There is a 30,000 difference in their high and low supply numbers for 2030? 60,000 v over 90,000 in their dark blue shading (85% capacity)

Hi John. Aren’t energy and minerals not available in the US excluded from tariffs?

Thanks John. Do you have any information regarding volumes contracted for conversion and enrichment? Perhaps utilities have not been able to secure what they need, despite pushing prices up?