Ur-Energy Inc. provided production guidance for the year 2020. In 2020, the company expects to deliver 200,000 pounds into term contracts at an average price of $42 per pound. The company has contracts in place to purchase 200,000 pounds at an average cost of $26 per pound, which intend to deliver into the term contracts. Given what be very limited production in 2020 (not expected to exceed 5,000 pounds U3O8), the company is not planning to sell any pounds from this year's production or existing inventories at current spot prices.