I believe it was the flooding from the tsunami that ultimately disabled the diesel generators about one hour after the control rods were inserted into the core... if the generators managed to kick on for about another hour or so (according to a professor who I just watched interviewed on ABC 24) then there would not have been an issue... but I definitely take your point shadders
For what it's worth the professor on the ABC said that we are not looking here at a chernobyl / meltdown scenario... There will be some controlled releases of radioactive steam to maintain the integrity of the cores and the cores may have to be flooded with seawater and ultimately mothballed - because the diesel generators only chugged on for an hour rather than the 2hrs or so required to fully cool them down... iodine tablets have been distributed and people evacuated as precautionary measures
Hopefully the Japanese settle the issue, IE have the cores stable and cool, by the end of the weekend and U stocks don't suffer too much, and the U / radiation issue is superseded by the general human tragedy and how we help with that
(PS monday is national public holiday right?)
PEN Price at posting:
12.0¢ Sentiment: LT Buy Disclosure: Held
