PEN 0.00% 8.7¢ peninsula energy limited

shanghai congress, page-15

  1. 1,684 Posts.
    Another Article on China's Fast Nuclear push.

    China aiming to be the leaders in the sector with plans to build a advanced Nuclear Power Plant.

    China

    This snippett below is probably a good enough reason why Gus is in China promoting PEN.

    "One problem China will face, even if it develops and employs more-advanced reactors, is the lack of enough uranium at home to supply them. That means that China will become increasingly reliant on imports to fuel its economy, which in turn means it is likely to intensify its buying of foreign assets -- a scenario already playing out with its other energy sources: oil, gas and coal."


    NK

 
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