Resolves YES if the U3O8 spot price, as reported by UxC or TradeTech on August 29, 2026, is strictly greater than $60 per pound. This threshold is near the expected price level reflecting Kazatomprom's long-term contract with India, which is likely to reduce spot market supply and push prices above the current ~$81.70/lb shadow price. The market captures uranium price dynamics amid tightening supply and structural floor expectations around $90-$100/lb. Only the spot price on the settlement date counts; futures or contract prices do not resolve this market.

The long-term contract implies reduced supply on the spot market, potentially driving up uranium prices.

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