Thanks for clarifying Jogo - I agree there is a lot of risk in the planning and construction of a reactor that has drawn out timeframes in many cases, but an average of 7 years 'ain't so bad and is likely to decrease as both the policy environment and technology improves. We will no doubt see more government financing also to further de-risk investments.
Also according to the IAEA - bringing a uranium mine from early exploration to production takes an average of 12 years, so at this stage in the cycle the equation favours the miners and the patient!
Thanks for clarifying Jogo - I agree there is a lot of risk in...
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