EXT 0.00% 1.2¢ excite technology services ltd

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  1. 1,341 Posts.
    In saying the above though - he was working in shareholders interests. Current Directors are not. they have made their money and they are off.

    That’s the bitter taste - knowing you will get only half of what this is worth. This deposit alone will be enough to transform Chinas electricity generation.

    Remember, following the oil shocks in the 1970's France went nuclear. They provide the best blue-print on large-scale atomic power generation. A decade later, nuclear power had jumped from approximately 20% to over 80%. At one stage they were finishing six nuclear reactors a year.

    But to make that move you need security of supply. Rossing South gives them that. France had West Africa and a number of deposits held within - with help from the Foreign Legion. It was a matter of national security.

    That is why it is the most important uranium discovery in four decades (or more). It alone has the ability to transform China's power generation in one swoop.
 
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