uranium at us138 per lb , page-9

Olympic Dam upgrade aint due til 2013 at least now and RIO's Rossing and Ranger (ERA) keep falling short of contractual commitments. It takes TEN YEARS for new U-production from scratch in the civilised world which owns 70% of the U ....... unless u r in the dark mau mau continent ...... and u know what will happen there once the white man has spent the capex. Meanwhile China is opening up one coal-fired power plant EVERY DAY to add to our climte's woes and is only 2% nuclear atm looking for 4% next 5 years and no doubt 20% + asap, whilst the Russkies have run out of nuke bombs to decommission and anyway, they dont want to meet any residual commitments to the yanks at 10 bucks a lb ....... and YOU RECKON WE ARE IN A U BUBBLE V ????? U GOTTA BE KIDDING. This is the BIGGEST supply squeeze COMING up in the history of mankind and given the nuke power stations will pay 1000 bucks a lb without flinching to keep the DESPERATELY NEEDED nuke expansion going, then seems to me Jimmy Dines' early call of 500 bucks a lb is gonna end up seriously conservative in size as well as time as 2013 will show EVEN BHP"s mooted expansions AINT GONNA BE ENUFF haha. Techno-wise Uranium price looks to be in only early days with steady rise and no signs of bubble as that Queensland hippie guru would say. And in my Basic Logic 1 textbook, it says the best place to find new U is in old U ground and given we r now talking half a lb per tonne or less likely cut-off grades cf 8 back 50 years ago, reckon THR's old U is gonna prove to be old gold IMBOOC. Sory I didunt hav tiem fa tha spelczek ur ta parigraf bros Zeus be praised !
IMBOOC