PDN 3.74% $11.34 paladin energy ltd

"In China, milestones reported in the September quarter included...

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    "In China, milestones reported in the September quarter included the start of construction of Honghanye Unit 6, initial core loading at Changjiang Unit 1 and connection to the grid of Fuqing Unit 2. The country now has 26 reactors in operation with a further 25 under construction. In further positive news, media reports in September suggested that development of inland nuclear power plants, which were put on hold following Fukushima, would resume in the near term."

    That part is IMO one of the most encouraging bits. With Pollution out of control from coal generated electricity it seems almost impossible to see how the electricity needs in China can be met with out the extra 25 under construction. More are needed and the U price cannot avoid simple supply demand economics just like baby milk powder
 
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