Australia's electricity market is disfunctional and expensive from smelter boss.
http://www.copyright link/news/poli...ysfunctional-says-tomago-boss-20170213-***gze
I think we should have a modern day snowy river scheme being the use of nuclear power. We need nuclear reactors now and erhaps we can see the benefit of reliable long term electricity like Japan has over the last50 years.
Bit frustrated that the powrs that be are not just pushing BOE to a much higher level whilst negotiating with potential offtake buyers. It is when the price of the commodity is a all time lows that the guys building nuclear plants are going to be looking to tie down supply. Once the price of uranium is back up the chance of a big buyer becomes more stodgy.
They should be promoting boe very strongly right now. They should be talking offtake deals or sell outs if they are good enough. The risk if they wait for the uranum markt to go highr is some meltdown or political act that shatters the market.
disclaimer; the above post is my opinion and is posted in th spirit of the forum where the uneducated get to swap their opinions and ideas. So do your own research.
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