RMG 0.00% 0.7¢ rmg limited

back to .011, page-15

  1. 2,345 Posts.
    This maybe a bone in hiding Deansy I posted this on ADD as well ,Read @ http://www.theaustralian.com.au/business/opinion/a-sellers-market-as-zircon-turns-the-tiles/story-e6frg9if-1225969790747
    SOUTH Korea's government has announced plans to build a further 14 nuclear power plants by 2024, adding to the 20 already in operation. There will also be another 13 coal-fired plants and 19 using liquefied natural gas.So, unless Bob Brown and his followers manage to put a stop to any more uranium mines, or head off the coal and LNG carriers with a flotilla of kayaks, this should mean some good extra business for Australia. Uranium is shaping up, like zircon, for a substantial supply squeeze in coming years. A sampling of the uranium explorers reveals that it's been a while since many of them made substantial progress, but the sector is awakening.Over the past week we've seen a flurry of announcements which support the feeling that the recent rise in the spot price has put hope back into the sector, and you can expect other explorers to stir over the next few months.Could be an incentive to have Surprise & Mt Coffin producing or farm out
 
watchlist Created with Sketch. Add RMG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.