PEN 3.49% 8.9¢ peninsula energy limited

Uranium is about to go nuclear, page-43

  1. 606 Posts.
    Hi Tommy,

    Good luck to you mate and I hope it all turns out OK for you.

    To give you some confidence:

    "The 2015 Nuclear Fuel Report reference scenario (Table 2.4) has 132 reactors closing by 2035, and 287 new ones coming on line (figures include 28 Japanese reactors on line by 2035)."

    * That's 132 closing (with their reference undoubtedly not factoring up for (m)any extensions beyond 40 years?)

    * And 287 new ones coming on line. (inc 28 Jap's)

    287 minus 132 is +155. [eerily close to 15.5 some might say? Just missing a decimal point for some ]

    For those doubting these numbers, it's updated approximately every 2-3 months at http://www.world-nuclear.org/inform...ear-power-reactors-and-uranium-requireme.aspx

    Bottom line. Yes, it could take some time, but revelations that nuclear is going backwards are being proven wrong by even the critics themselves.

    Nuclear is increasing and it can't be hidden. Our time will come. I think it's soon.

    But then again, for ISR producers to look good, we only need $40 spot prices. And $40 isn't actually a great price at all in the scheme of things...nor is it an incentive price for the African mine hopefuls, which clearly see it in the medium term. Friedland money (check GoviEx) doesn't pile into commodity without a good thesis.

    Cheers
 
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