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4.55%

10.5¢ core lithium ltd

Ann: Core Secures Napperby Uranium Resource, page-131

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15/02/17

21:28

Post #: 22648340
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Originally posted by juk ↑

As terry so eloquently put at the top of this page, solar is peaky and wind is variable. With both solar and wind being so cheap, like soooo cheap and getting cheaper there's going to be a temptation to install too much. So much so that you'll drop below the minimum that you can turn down the last turndownable source of power. That source is always nuclear because of their inertia. What I'm saying is who is going to take 5 years in china, or 10 years in the rest of the world to build a nuclear power station to run for 60 years when the cost of power is already 2-4 times the cost of solar or wind, tie up their capital for such a long construction period and have to turn the damn thing down every day at 10AM or every night when it's windy? Which is why base load is laughable.

Nobody. That's who. Which probably explains how the 39 reactors that old mate though china was constructing disappeared.

70 years is how far nuclear has to look into the future.

Solar and wind prices are still dropping at 5-7% a year.

Who has testicles that big?

So I'm prepared to bet that there will be less than a handful of reactors begin construction from now till ever. Even the chinese stopped.

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Maybe so but there will always be people wanting more nukes

CXO Price at posting: 9.1¢ Sentiment: Buy Disclosure: Held
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Last 10.5¢		Change -0.005(4.55%)		Mkt cap ! $225.0M

Open	High	Low	Value	Volume
11.0¢	11.3¢	10.5¢	$536.3K	4.933M

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No.	Vol.	Price($)
96	4283334	10.5¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
87	3900146	0.105
155	9978139	0.100
11	471655	0.099
9	275882	0.098
4	141618	0.097

Price($)	Vol.	No.
0.110	766000	4
0.115	2748372	26
0.120	2964997	41
0.125	3159705	45
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