TradeTech's NUEXCO Exchange Value®, UF_6 Value, Conversion Values, and SWU Values reflect the company's judgment of the price at which spot and near-term transactions for significant quantities of natural uranium concentrates (U_3O_8), natural uranium hexafluoride (UF_6), or conversion or enrichment services could be concluded as of the last day of the month. The Loan Rate is TradeTech's judgment of the annual interest rate at which uranium loans could be concluded as of the last day of the month. The Transaction Value is a weighted average price of recent natural uranium sales transactions. The Mid-Term Price Indicators for U_3O_8 and SWU are TradeTech's judgment of the base price at which transactions for mid-term or intermediate delivery of natural uranium concentrates or enrichment services could be concluded as of the last day of the month, for transactions in which the price at the time of delivery would be an escalation of the base price from a previous point in time. The Long-Term Price Indicators for U_3O_8, Conversion, or SWU are TradeTech’s judgment of the base price at which transactions for long-term delivery of that product or service could be concluded as of the last day of the month, for transactions in which the price at the time of delivery would be an escalation of the base price from a previous point in time. The U_3O_8 Weekly Spot Price Indicator is our judgment of the price at which spot transactions for significant quantities of natural uranium concentrates could be concluded as of the end of each Friday. The Daily U_3O_8 Spot Price Indicator is TradeTech's judgment of the price at which spot and near-term transactions for significant quantities of natural uranium concentrates could be concluded as of the end of Monday, Tuesday, Wednesday, and Thursday (excluding of US Federal government holidays and the last day of each month when TradeTech's monthly NUEXCO Exchange Value® is published).
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