Anfield Energy

Uranium producers are largely price takers. While U.S. origin can sometimes command contracting preference, sustained pricing power is weak.

The PEA’s strong IRR assumes 100 dollar uranium and 9 dollar vanadium; the published sensitivity shows NPV falls about 117 million dollars post‑tax for every 10 percent drop in both prices, underscoring limited ability to pass along costs. Until long‑term contracts at attractive floors are signed, we assume minimal intrinsic pricing power.