Keep in mind that the price of uranium is expected to increase over the next 25 or so years, there is already a shortage of uranium supplies globally while the demand for the uranium has increased from almost nothing since about 1970, so the world price will keep going up dramatically as it is currently if we don't increase production, particularly as demand continues to increase every year (notably from China and India). The price has already increased at least five-fold since 1998, so the value of uranium exports, even for a fixed amount, continues to increase. Some parts of the world are already relying on stockpiles of uranium for use due to the shortage.
It is to SA's advantage that it has over one-third of the world's known uranium ore deposits, the world price is increasing rapidly, and is basically the only state where new uranium mines have been made legal. The uranium industry is still small though but IMO, most people still underestimate how much growth over the next few years could contribute to the economy and generate economic activity in other sectors such as construction.http://www.abareconomics.com/publicatio ... ranium.pdf