URANIUM 1.02% $24.70 uranium futures

alp will allow for uranium growth*****, page-5

  1. 339 Posts.
    "whats the best entry into the uranium market !

    buying the physical product , a company looking or mining it, or recycling radioactive rubbish(waste),nuclear power plants or companies that supply for weapons manufacturing(defence or military use)".

    A). You cannot (as an individual) buy the product (U3O8).
    There are laws and the NPT (Treaty against Proliferation of Uranium-Plutonium) that see to it that You and I cannot buy the "Physical Product".
    B). Yes, you can buy shares in a company (like we all, or a large number of us, do) that explores for Uranium OR Already mines the Yellowcake.
    C). Not much "recycling" takes place these days. There are a few companies in Europe that specialise in the extremely hazardous (chemically and radioactively) "art" of reprocessing (NOT RECYCLING) spent fuel......However, I don't think you and I can buy shares in Urenco or other similar companies involved in spent fuel reprocessing.
    D). There are (aproximately) 500 nuclear (around 480 , a closer figure...) around the world.....Most of them are State owned OR atleast State controlled, so I imagine it would be difficult for you and me to buy shares in one of those companies (difficult-not impossible).
    E). No company supplies (in a commercial manner) Weapons Grade Uranium (Highly enriched more than 90% of the U235 -the fissile (splitable, fissionable.....usable for nuclear bombs) Isotope of Uranium to a Government. They are ALL under the direct control (thank God for that......Even though I am an Agnostic...) of the Government(s). There could be Private Or publicly listed companies (Like our very Own SILEX) involved in technological research of Isotope Separation (advanced, third generation in SILEX's case) or Uranium Enrichment (3-5% for Electricity producing Nuclear Plants, 90%+ For Weapons Grade Uranium, 20-50% for "other use") BUT they are ALL under government control, when they are actually involved in the Uranium Enrichment process.

    I hope -albeit in a very brief manner- I answered some of your questions.

    Cheers:)).
 
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