Demand from nuclear subs is in no way imminent. The UK is barely able to meet their current demand to build subs, which is why they won't be building them for Australia under AUKUS, so the proposed 12 will be a hell of a long time away before they're even started. The US is pretty much in the same situation, which is why there's talk about Australia leasing aged US subs.
Indeed, the AUKUS deal is seen in many quarters as poorly thought out, rushed, ridiculously expensive, and will not serve Australia's future in a timely manner, whilst perhaps being a sovereign risk given who will have ultimate control of those vessels. Moreover, it was an affront to the French (an important European military ally to the Brtish) when we reneged on the sub deal with them, which in and of itself was a curious situation when they were selected over the Japanese product. Evidently the Japanese were not considered as the then Conservative Australian government didnt want to offend the Chinese by buying Japanese military weapons. And in the scheme of everything, while we're caught short with our sub-undies around our ankles, we have an impetus being placed upon us to enter into conflict with our biggest trading partner. Ironic, huh?
So, while you boys are getting excited, posting pages and infernal pages of crap about where IXR is going to make yourselves a fortune, nevermind that Catwizard is looking for a realistic timeframe for production, a few of you fail to appreciate the implications of your folly. Frankly, the monocular vision you have of the future has blinded your objectivity as investors and humans. Which is to say nothing aboutv shameless upramping and borderline investment advice.
Mark Twain once said "history doesn't repeat, but it certainly does rhyme." IXR may well eventually build its plants and provide product to manufacturers in due course, but there's little realistic prosect it'll be making a few "all in" investors what their hype suggests. IXR has a history of over-promising and under delivering - which any rudimentary AI analysis of IXR will caution about. So tell me: what is wrong in bringing a bit of prudence to investing in IXR given it track record? Especially since a few of you guys justify pages of guff and crap by claiming it's to counter misinformation from others. Methinks you doth protest too much! Projection, much?
Look, if you wish in one hand and crap in the other, guess which one fills faster? Neither have delightful outcomes, eh. Nevertheless, good luck to all investors.
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