broker client note, page-5

  1. 116 Posts.
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    Interesting view extracta . . . . strongly disagree though. BOE is not applying for a license to mine they already have it and the right to mine with a contract that cannot be revoked without major major compensation to BOE in which case we all rich anyway! . . . Adelaide being a strong renewable state will more than likely support this anyway as uranium is a means to using less carbon emission sources. Renewable's are expensive and in my view are still not up to scratch - we are in 2017 and people are still deciding whether solar panels are a worth while investments on their roofs?!?! Technology still has a long way to go and the fact is that renewable's are expensive and unreliable - a mix of electricity sources has always outperformed a country or state who strongly rely on one source more than others .

    The only thing people hate more than social and environmental issues are high electricity bills - when peoples back pockets start to get light you will see a strong sentiment change for Uranium in Australia and for it to change legislation and include Nuclear in their power mix - that is when the money will be made on ASX uranium stock.
    Last edited by neading: 22/11/17
 
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