That will take a very long time to end up like Iron Ore, Australia have 40% of the worlds Uranium supply. TOE is the only company other than RIO and I keep forgetting the third, that are ready to supply to the market, everyone else are still exploring, correct me if I am wrong though.
Don't recall reading anything for 2020, has always been 2017 and the fact Guthrie is on the Govt advisory panel for dealings with India only strengthens TOE.
China are going to have over 100 Nuclear Plants by 2025 I think or 2030, around that time and Russia are developing more, India are building a huge amount, Japan as well, lots and lots of countries turning to Nuclear, oversupply will not be an issue for a very very long time, by which I personally will have made my money and sold out of TOE before any collapse even comes
Why wouldn't you be investing in graphite, gold and the pharmas as well? All eggs in one basket isn't good, 20% Specs 80% bluechips
That will take a very long time to end up like Iron Ore,...
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