On Sun, 06 Jul 2008 21:46:19 -0500, cavelamb himself
wrote:
snip
The removal of 550 metric tons of "yellowcake"
snip
===============
And just where does the yellow cake and/or the money go from
here?



Some analysts are suggesting 100$US per ounce. Anyone know what
the yield for this type of yellow cake is? FWIW a metric ton is
1000KG or 2200 lbs.

Even assuming a 60% yield we are talking 550 X 2200 X 90$ X 0.6
or 66 million $US in unvouchered/uninventoried assets.

Current U308 price appears to be about 90$US/pound.
http://www.bestwaytoinvest.com/stori...FQJvswodJhp6uQ
but some of the commodity bucket shops are suggesting 100$US per
ounce
http://www.dailyreckoning.com/PPC/Ur...Zlswodz gNkuQ