PEN 4.55% 11.5¢ peninsula energy limited

moving forward, page-38

  1. 482 Posts.
    Just putting this out there:

    Possibility of rapid increase in demand for uranium 235 (weapons grade) as a result of Japan and South Korea stepping up their nuclear weapons program in relation to North Korea's latest missile testing.

    U235 is also used in nuclear reactors and is in much lower concentrations than U238 which is abundant and relativley un-fissionable.

    I know an increase in U3O8 price will have relatively little affect on SP compared to other companies in production but may encourage them to finish final steps for Ross & Barber.

    thoughts?
 
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