Economic down turn & the fact that the use of fluorspar for fridge gas &as flux is decining hurt the industry bad. Price dropped >50%. Demand & price recovering. Future demand pressure will come from the nuclear industry. Year ago i found stats; nuclear reactors in use 436, in construction 27, planned over 100. Last week on Ausie website, 439 in use, 51 in costruction & over 500 planned. US Gov. website; about 10 uranium enrichments plants will be built in next decade, including a probable 1 in SA. Uranium can only be enriched as uranium hexafluoride. Sallies are sitting on "a proven 24m tons" of fluorspar according to one report. Need to have patience though. Imo future prospects overshadow current risks, but risks there still are.
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