Someone can correct me if I wrong. However, the reason BOE can mine U in Aust. is because it Honeymoon had a license from before (one of the three mines that did).
Now with the price of U pushing up and BOE restarting, it's going to be in a reasonable seat to expand it's operations and buying up others, in the window when the legislation is changed.
What's more from todays budget I see:
- Money being spent say $2 B on renewables etc.
- Money being doled out to meet high power prices. Not least because of the big gas FU.
(Oh, and the U price is spiking too).
All IMVHO.
Someone can correct me if I wrong. However, the reason BOE can...
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