This quote was stolen from another forum,
thank you Abner 29
By Dave Brown ? Exclusive to Uranium Investing News
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Outside of the pervasive global economic weakness there does not appear to be a foreseeable negative catalyst with a primary requirement for secure and reliable power and electricity contributing to a strong economic moat for the industry. Last year the fuel demands of 442 nuclear reactors in operation required 68.6 thousand tonnes of uranium which was met with the production of 53.6 thousand tonnes of uranium and the shortfall sourced from downblended uranium ----------
from Russian nuclear warheads as part of a relatively high cost program which is expected not to be renewed at the end of its 2013 term.
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Well boys and girls,
what perfect timing for Extract to come to the rescue of the World with production almost about to come on line.
It would suggest, there will be a greater need for a large producer to come on line to fill the short fall, from the Russian closing down its Warhead supply.
And in the mean time, from reduction of Russian supply till Extract is producting, you would expect the old, supply and demand equasion to come into play with the result being an increase in the cost of U/pound to the buyers.
All perfect timeing on EXTRACT's part, even if the game plan wasn't designed this way.
ps, AND REMEMBER
there are more N Fuels power stations planed and about to come on-line, which will only lead to greater demand for U Fuel.
I've said it before and will again,
what a great stock for anyone's Super Plan to hold !
pps, all my stock is nicely placed in my Super plan.
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