re: Ann: Execution of US$141M Project Finance... Most Uranium companies are very undervalued imo. In terms of; lives lost (there are over 2,300 lives lost every year from the coal industry); and global destruction and warming nuclear is far superior to fossil fuels. In terms of power produced per $ it is superior to ever other power generation method.
The Uranium power plants today are fourth (I think) generation and way safer than Fukushima which was first generation and was due to be closed before the tsunami.
I recently listened to a report about Japan and there was no mention of the tsunami just the nuclear trouble. Watching the TV report one could have got the impression that all the devastation was caused by a nuclear explosion.
In comparison to both oil and coal nuclear power is better but it is perception that is holding nuclear back.
Ann: Execution of US$141M Project Finance Facilit, page-5
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