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my thoughts on uranium

  1. 620 Posts.
    Lads,

    For what it is worth, here are my thoughts on Uranium, and its possible true worth.

    There has been conjecture, that even if Uranium is found, it will be worthless, as you will not be able to get a mine approved. Well, having read the trials and tribulations of Jabiluka, I would be very surprised if a Coalition Government would make the mistake it did in early 1983.

    Secondly, from July 1 2005, the Senate shall be controlled by the Coalition, without need for minority support.

    I think these factors, along with international demand and pricing, would allow the current Government to grant the opening of mining, especially given its proximity to current deposits.

    Thats my lot, for now.

    What does everyone else think?
 
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