BKY 2.86% 34.0¢ berkeley energia limited

Betting on the perfect storm, page-33

  1. 74 Posts.
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    Yes unfortunately there will always be people affected, put out or unhappy about some form of mining or another and I get it. I wouldn't want a mine in my backyard, but I think tge Salamanca area is despite need for jobs (weather or not they are qualified enough to obtain them is another question) and a kick start to their local economy.

    In one of the articles the argument was that we shouldn't be trying to start a mine at historical lows re spot pfice. Clearly the journalists/ protesters are not educated in the world's reliance on uranium as a base load energy and unquestionable rise that will occur at some point in the coming years. Hence we are contracting at $43 odd vs spot of $23.50 or so.

    Time will tell how it all plays out...
 
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