DULL, Quite right on the get big, or get out observation. Borshoff at PDN is on record saying much the same. Indicating that consolidation will be an imperative for both the company, and the U industry at large over the next few years.
I think his point is, the building and operation of a nuclear reactor is no small thing, and it's not an item that can be shut down at will, obviously needing a high degree of continuity by way of a guaranteed supply of raw materials. Which of course large players are in a position to deal with, whereas supply from smaller companies carries greater risk.
With this corporate mentality in mind, it's my guess that GE have taken an interest in Paladin. Whether that interest simply proves to be a partnership in the supply chain, or overtures for direct ownership of the company remains to be seen.
However, market sentiment or not, one of the worlds largest corporations likes Paladin
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