cashed up uranium stock

Uranium
shortage of 2007” I read this on a Investmet Site,It`s saying what I believe
There are some Good Australian Uranium Stocks ,I just support RPT because they have cash in bank excellent holdings and cash flow this year.

This year, nuclear power plants will consume almost 200-million pounds of uranium. At the same time, only around 100-million pounds will be mined.

The bottom line is, they need to find additional uranium or shut down. Think about it: At what price does one stop bidding for the only fuel that keeps a billion-dollar nuclear power plant operating?

There’s no precedent for projecting how high uranium prices might go because there is no effective force to keep the price down.

Keep in mind, a typical nuclear power plant only requires 680,000 pounds of uranium per year to operate at full capacity.

Two years ago it cost $4.8 million in fuel to run an entire nuclear power plant for a full year, a pittance for keeping the power flowing to millions of electricity customers.

Uranium prices could soar sky-high with relatively little cost-impact on delivered electricity.

Over the next 24 months, uranium prices could easily double or triple. Prices could shoot from $27 a pound, to well past $50 a pound!

By the end of 2007, there’s no telling where prices will be, or where they will ultimately peak.
Just my thoughts maybe a shift from Iron Ore,have a green trading day
CheersPLAT